Artificial intelligence startup Genus AI scores $1m

Genus Ai

Genus AI, a London-based artificial intelligence company, has raised $1m in Seed funding.

The round was led by early-stage technology investment firm Picus Capital.

Andy Chung at AngelList; Charlie Songhurst, investor in Onfido; Matt Robinson, founder of GoCardless and Nested; also invested.

Genus AI will use the money to expand its technology team in London and boost its sales operations in the US – the startup’s primary market.

“We believe in using technology to understand people and the world around us. Despite increasing amount of data and computing power organisations are still struggling to engage with customers in an authentic way,” said Tadas Jucikas, CEO and co-founder of Genus AI.

“At Genus AI we are building a new kind of artificial intelligence system which helps us inform and have a positive impact on the real world. Our technology has been in development with our customers for almost two years and I am extremely excited to welcome our new investors to help us bring Genus AI to the next level of growth,” he continued.

Set up alongside Brent Clickard and Tobias Kloepper, Genus AI leverages machine learning, neuroscience, psychology and behavioural sciences to enable customers to engage with brands in an emotionally intelligent way.

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