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Uncork Capital and Bling Capital Lead US$2.2m Round in Analytics Platform MonkeyLearn

7 July 2020

Uncork Capital and Bling Capital led a US$2.2m seed round in MonkeyLearn, a Uruguayan no-code data analytics platform.

(TechCrunch) A few years back, startups focusing on artificial intelligence had a whiff of bullshit about them; venture capitalists became inured to young tech companies claiming that their new AI-powered product was going to change the world as hype exceeded product reality.

But in the time since, AI-powered startups have matured into real companies, with investors stepping up to fund their growth. In niches, from medical imaging, of course, to speech recognition, machine learning and deep learning and neural nets and everything else that one might scoop into the AI bucket has seemed to have grown neatly in recent quarters.

Read more at TechCrunch.