The startup of Montenegrin innovators attracted investors and provided 1.8 million dollars
Startup Uhura Solutions, which has developed a contract analysis platform based on artificial intelligence, has secured an investment of $ 1.8 million.
The company, based in London and R&D center in Montenegro, founded and run by Montenegrin innovators, will use the investment to expand the team with a special focus on hiring developers at the development center in Podgorica and to scale operations.
The financing was led by the SuperSeed Ventures fund with the participation of Newable Ventures and the previous investor South Central Ventures, reports the PR Center.
“The platform is trying to solve the problems of the growing gap that arises between the need for artificial intelligence and the necessary technological knowledge to implement these solutions. Because artificial intelligence requires advanced competencies, companies often lack the necessary knowledge to start process automations based on artificial intelligence, ”explained Uhura Solutions.
The founders of Uhura Solutions are Đuro Stojanović, Bojan Tešić, Blažo Crvenica and Mladen Marković. This team has over 20 years of experience working in large international companies, international and civil society organizations as well as the academic community. They also represent the first team from Montenegro to be admitted to the Techstars program, one of the world’s most famous startup accelerators realized in cooperation with the British bank Barclays.