ScoutinScience, a Dutch company that uses AI to scout for technologies with market potential, announced that it has raised Seed funding from Lumana Invest. The funding amount has not been disclosed.
Lumana Invest is an investment firm that claims to be unique as it does not have a predetermined investment horizon.
Wim Smit, MD of Lumana Invest, says, “ScoutinScience has a strong AI application, which can make an important contribution to the ecosystem of spin-offs and startups. Increasing the output of science towards society is a wonderful contribution that ScoutinScience can make towards the future. This also makes science more sustainable.”
Founded in 2020 by Gilles Meijer (also the co-founder of Golden Egg Check) and Menno Noorlander, ScoutinScience aims to use artificial intelligence to discover untapped study and business possibilities in research.