aiHit Raises US$5.5M from VTB Capital

aiHit, a London, UK-based artificial intelligence company, has raised US$5.5m in funding from Russia’s VTB Capital.

The company intends to use the funds to expand its marketing, business development and R&D effrots. As a part of its development plan, aiHit will be opening an R&D centre in St. Petersburg.

Led by Alan Hambrook, Chairman, and Jens Lapinski, CEO, AiHit has created a fully automated data management system which can extract, structure, analyze and manage unstructured data from the web. The company is currently focused on the business information industry.
Clients include Capital IQ, Dun & Bradstreet, Bisnode, Equifax and Datamonitor.

The company is seed-funded by the Amadeus & Angels Seed Fund



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