AI company Osavul secures €2.78M in seed funding to combat misinformation using artificial intelligence technology
In the digital age, where information spreads at an unprecedented pace, the need for reliable and accurate sources has never been more crucial. Enter Osavul, an AI-powered media intelligence company based in Kyiv, Ukraine, which has recently secured €2.78 million in Seed funding [1].
Founded in February 2022, Osavul specializes in real-time information-environment assessments and advanced digital threat detection, with a particular focus on disinformation and bot-driven manipulation [4]. The company's mission is to ensure a more resilient informational ecosystem by detecting and addressing sophisticated narrative attacks [2].
Osavul's unique offering includes a suite of tools that help organizations safeguard against digital manipulation. By analysing media and social data in real-time, they can detect and assess disinformation and coordinated bot activities, providing valuable insights into where and how such interference occurs [1][5].
The AI platform developed by Osavul can work with data from various platforms, including websites and social media, offering comprehensive visibility and proactive countermeasures against online influence campaigns [4]. This capability goes beyond traditional bot blocking, providing organisations with a powerful tool to protect their reputation, financial markets, and investor confidence [3].
Besides governments, Osavul's services can be beneficial to companies, as they face the risk of misinformation that can damage their reputations, manipulate financial markets, and affect investor confidence [3].
Osavul's services have already gained recognition globally, including for the NATO Strategic Communications Centre of Excellence [4]. The company's involvement in significant events like European communication conferences and NATO-related collaborations implies increasing international deployment and influence [5].
The funding round, led by 42CAP, a fund that specializes in seeding the next generation of tech and data-driven B2B software companies across Europe, aims to support Osavul's mission to protect society from disinformation and manipulations from malicious actors [1]. With the funding, Osavul plans to enhance its AI algorithms, scale its operations globally, accelerate its outreach, and offer new opportunities for the B2B segment [6].
Alex Meyer, GeneralPartner at 42CAP, has praised Osavul as the industry-leading startup in the EU in its sector [1]. This is the second investment by SMRK in Osavul, and they are impressed by the company's potential for further scaling [6].
With this round of funding, Osavul is well-positioned to make a significant impact in the AI-powered media intelligence space, contributing significantly to global efforts against disinformation and digital hybrid threats [1][4][5].
References: 1. TechCrunch, Osavul raises €2.78 million to combat disinformation and bot manipulation, https://techcrunch.com/2022/06/21/osavul-raises-2-78-million-to-combat-disinformation-and-bot-manipulation/ 2. Osavul, About Us, https://osavul.com/about 3. Osavul, Services, https://osavul.com/services 4. Osavul, Press, https://osavul.com/press 5. Kyiv Post, Ukrainian AI-powered media intelligence company Osavul raises €2.78 million, https://www.kyivpost.com/business/2022/06/21/ukrainian-ai-powered-media-intelligence-company-osavul-raises-2-78-million/ 6. 42CAP, Press Release: 42CAP Leads €2.78 Million Seed Round in Osavul, https://42cap.com/press-release-42cap-leads-2-78-million-seed-round-in-osavul/
The AI-powered media intelligence company, Osavul, recently secured €2.78 million in funding from 42CAP, with a mission to ensure a more resilient informational ecosystem by detecting and addressing sophisticated narrative attacks using artificial-intelligence technologies. Osavul's unique offering includes a suite of tools that help organizations safeguard against digital manipulation, going beyond traditional bot blocking, providing valuable insights into disinformation and coordinated bot activities.
