Cypris secures $5.3M in new funding round
![Cypris secures $5.3M in new funding round](/content/images/size/w2000/auto/3119329813311.jpeg)
Cypris, a NYC-based AI research platform provider, raised $5.3M in funding.
The round was led by Vocap Partners with participation from Activate Venture Partners, BlueTree Capital, York IE, and K20 Fund. The funds will be used to scale their AI-powered platform for global R&D teams.
Cypris aims to enhance innovation-focused research by leveraging a vast database of over 500M global data points. Their platform offers LLM-driven insights, semantic search, and advanced data monitoring to support new product development and commercial strategy.
Led by CEO Steve Hafif, Cypris serves Fortune 100 companies, government agencies, universities, and research institutions. Hafif commented, "The acceleration of AI is just the beginning of rapid technological disruption."