Novus Elevates with $500,000 Investment from Inveo Ventures and Partners

May 10, 2023
⌛️ min read
Table of Contents

We are thrilled to announce that Novus has successfully secured a $500,000 investment in a round led by Inveo Ventures, with significant contributions from esteemed partners like Startup Wise Guys, Venture Lane, and Aegan Ventures. This marks a major milestone in our journey, reinforcing our commitment to revolutionizing content and analysis solutions for corporate companies with our cutting-edge artificial intelligence and NLP (Natural Language Processing) technologies.

Building on our previous success, including a substantial investment from Startup Wise Guys in 2022 valuing us at 4.5 million euros, this new influx of capital is a testament to our potential and the faith our investors have in our vision.

Headquartered in Istanbul and Boston, we continue to provide our users with fast, authentic, and verified text solutions, leveraging the latest advancements in NLP.

This fresh investment will be pivotal in further developing our AI solutions and facilitating our expansion on a global scale. Our focus is set on strengthening global expansion strategies, enlarging our team, and undertaking significant projects in the AI field.

Our achievements include completing prestigious programs like the MIT Sandbox and Google for Startups in August 2022, where we also received grant and loan support. With this new investment, Novus is poised to become a leading figure in the rapidly growing field of artificial intelligence.

Rıza Egehan Asad, Co-Founder and CEO of Novus, shared his enthusiasm about being at the forefront of the AI revolution. Emphasizing the responsibilities and opportunities ahead, he revealed our latest contribution to the field with our SEO-oriented language model.

Haluk Nişli, General Manager of Inveo Ventures, highlighted their strategic approach to investment and recognized Novus's potential to be a pioneer in its sector and to create significant impact in both local and global markets.

For more details on our progress and future plans, please refer to the full article Novus, Inveo Ventures liderliğinde 500 bin dolar yatırım aldı on the Webrazzi website.

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