# Iris AI AS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/iris-ai

- Industry: Software
- Headquarters: Norway
- Website: www.iris.ai
- Total disclosed funding: $11M
- Latest round: Series A (May 29, 2024)
- Investors on record: 7

## About

Founded in 2015 and based in Stabekk, Norway, Iris AI AS operates as a developer of an artificial intelligence assistant that enables researchers to find and solve scientific challenges. In May 2024, the firm raised EUR 7.64 million in Series A funding led by investor Silverline Capital, with participation from returning investor European Innovation Council. The company was co-founded by Anita Schjoll Abildgaard (CEO), Victor Botev, and Jacobo Elosua.

IRIS AI AS offers RSpace™, an AI-powered platform that enables researchers to scale their ability to generate and apply new insights and provides tools for researchers to shorten their time on research processes like content summarization, reviewed literature, and data retrieval. The platform is designed to support a wide range of research activities, making complex data more accessible and actionable. RSpace™ automates data analysis and provides actionable insights, thereby accelerating the research process.

The company plans to use the May 2024 funding to use the funds for its continued growth and innovation in the field of AI-assisted scientific research and contribute to a dynamic European AI ecosystem.

## Funding rounds

- Series A, May 29, 2024, $8.3M — European Innovation Council, Silverline Capital
- Seed, Dec 1, 2017, $2M — Nordic Impact, INDEX: Design to Improve Life, Bakken & Baeck
- Seed, Apr 3, 2017 — Founders Fund
- Seed, Jul 15, 2016, $0.3M — Nordic Impact, Tomorrow Today

## Investors

- Nordic Impact (https://capitalatlas.ai/funds/nordic-impact) — Seed
- Tomorrow Today — Seed
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed
- INDEX: Design to Improve Life — Seed
- Bakken & Baeck (https://capitalatlas.ai/funds/bakken-baeck) — Seed
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series A
- Silverline Capital (https://capitalatlas.ai/funds/silverline-capital) — Series A