Tired of ads? Enjoy an ad-free experience by signing up.
๐Ÿ‘ฉโ€๐Ÿณ How we use AI at Tech in Asia, thoughtfully and responsibly.
๐Ÿง”โ€โ™‚๏ธ A friendly human may check it before it goes live. More news here

Palantir alumsโ€™ AI firm Ankar nets $20m series A for US, EU growth

Ankar, a London-based AI patent platform, has raised US$20 million in a series A funding round led by Atomico, with participation from Index Ventures, Norrsken VC, and Daphni.

The company plans to use the funding to expand its team and grow in the US and Europe.

Ankarโ€™s platform is used by clients including Lโ€™Orรฉal and law firm Vorys to manage the patent process.

Co-founders Tamar Gomez and Wiem Gharbi previously worked at Palantir.

This series A brings Ankarโ€™s total funding to US$24 million.

The company currently employs 20 people and plans to double its headcount with the new capital.

๐Ÿ”— Source: Ankar.ai

How would you feel if you could no longer use Tech in Asia?