Brainyware announces that it has closed a EUR 1.3 million financing round with an industrial focus. In fact, two companies operating in sectors that are synergetic with Brainyware’s are joining the share capital: the Gruppo SEAC who chose to enter the capital after an initial collaboration in which they used the solution for their own business and then decided to bring its benefits to their network and customers, and Fabrick, internationally active operator that brings the opportunities of embedded finance to companies, enabling their development through new business models and innovative financial services.
In a context in which the adoption of generative artificial intelligence is not a crucial factor for business competitiveness, Brainyware comes to the market with the private AI solution with which it debuted last June, garnering orders worth EUR 600,000 in its first six months of operation
Founded by tech industry experts with backgrounds and experience in innovation: Alberto Adorini (CEO), Davide Cuttini (R&D manager) and Ivan Prez (CTO) (pictured), Brainyware targets companies operating in critical sectors such as healthcare, finance, industry, forensic investigation, PA as well as SMEs.
Alberto Adorini comments in a note: ‘We started with the objective of bringing companies of all types a solution that can break down the barriers that limit the adoption of generative AI. It is not acceptable that, according to Eurostat data, only 8.20 per cent of companies in Italy use AI, compared to a percentage of over 25 per cent in the Nordic countries. It is a gap that must be bridged quickly if we do not want it to affect the competitiveness of the country and, looking at a broader range, of Europe. That is why we have focused on how to remove the brake by resolving what matters most to companies: the custody of their information, which we call data sovereignty; the precision and personalisation of the response in whatever use is made of AI; technological independence from which also derives a clear, fixed and affordable cost. We have brought to market a solution that involves the installation of hardware in on-premise mode, accompanied by an AI engine based on our proprietary algorithm that is trained on the company’s data. The market response and validation was not long in coming’.
‘The entry of the new industrial partners,’ adds Adorini, ‘will allow us to accelerate growth and strengthen our market presence. With their support, we count on reaching our goal of tripling in size even faster, exponentially increasing our positive impact on the market’.
Looking to the future, Brainyware aims to become one of the leading private AI solutions in Europe for large corporations and SMEs, leveraging its technology’s compliance with European regulations, such as the AI Act, and positioning itself as a secure and competitive choice. A vision aligned with the recent announcement of the European Commission, which, on the occasion of the launch of a 200 billion European fund to support digital innovation, indicated AI as a driver for growth on the continent.
The Brainyware solution is characterised by an AI engine based on a specially developed proprietary algorithm. The system is trained on company-specific data. The result is a highly contextualised artificial intelligence, capable of providing precise and customised answers that go far beyond the capabilities of generic models. The proprietary algorithm thus represents the technological core that allows maximum value to be extracted from company data, guaranteeing a level of accuracy and relevance far beyond current standards.
While generalist systems are trained on the basis of the data the user provides with his or her searches for the benefit of third parties who will use the same solution, Brainyware guarantees the protection of privacy and the copyright of the information: the data is uploaded and processed directly within the company’s infrastructure, using dedicated hardware. This model guarantees complete data sovereignty, preserving the company’s information assets and eliminating the risks of unauthorised access or potential information leakage. This approach is particularly strategic for sectors characterised by high information sensitivity, such as healthcare, finance, public administration and forensic investigations. The on-premise installation is thus a distinctive element that protects not only data security, but also the competitiveness and strategic integrity of the enterprise.
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