Unlikely AI concludes $20m seed round

Latest News

Unlikely AI concludes $20m seed round

By Ross Henry Law

15/09/2022

Unlikely AI has announced the completion of a $20 million seed round.

The company has so far developed a proof-of-concept in which their AI, named Ross, has been shown to "solve and explain even the most difficult cryptic crossword clues".

The company was founded by William Tunstall-Pedoe, who is best known for his role in the development of Amazon Alexa.

Unlikely AI has said it will use the funding to boost the development of its ambitious, fresh approach to artificial intelligence (AI) and expand its team.

Amadeus Capital Partners and Octopus Ventures co-led the seed round, which also included participation by Cambridge Innovation Capital, and Skype founder Jaan Tallinn’s Metaplanet.

Commenting on the announcement, Tunstall-Pedoe said: “The entire team is very excited about the opportunity that this financing has given us to develop Unlikely AI and its technology, and we are delighted to partner with our new investors.”

Bringing Teams to the table – Adding value by integrating Microsoft Teams with business applications

A decade ago, the idea of digital collaboration started and ended with sending documents over email. Some organisations would have portals for sharing content or simplistic IM apps, but the ways that we communicated online were still largely primitive.

Automating CX: How are businesses using AI to meet customer expectations?

Virtual agents are set to supplant the traditional chatbot and their use cases are evolving at pace, with many organisations deploying new AI technologies to meet rising customer demand for self-service and real-time interactions.