ChapsVision, a pacesetter in AI-enriched knowledge processing, has introduced the acquisition of Sinequa, a worldwide authority in AI-powered enterprise search and Retrieval-Augmented Technology (RAG). This strategic acquisition, paired with a brand new US$90 million (€85 million) funding led by Tikehau Capital, Qualium Investissement, Bpifrance, GENEO Capital, and Jolt Capital, accelerates ChapsVision’s development, strengthens its world presence, and expands expertise functionality, significantly round AI.
“We’re delighted to welcome Sinequa to ChapsVision”
ChapsVision leverages AI and superior knowledge processing capabilities to empower companies and public authorities of their digital transformation journeys. Its strong software program suite is designed to harness numerous datasets, enabling organizations to unlock actionable insights and drive strategic decision-making. By optimizing the evaluation and use of knowledge, ChapsVision creates important worth for its clients.
Additionally Learn: Nuggets Launches Groundbreaking Personal AI Id Options to Bridge Human-AI Interface Hole
Sinequa, acknowledged by Gartner and Forrester as a number one vendor within the cognitive search and AI brokers markets, serves prestigious purchasers together with Pfizer, AstraZeneca, Airbus, TotalEnergies, Alstom, and NASA. By offering organizations with a robust platform that leverages synthetic intelligence and pure language processing, Sinequa makes knowledge extra accessible and actionable.
By means of this acquisition, ChapsVision will improve its ArgonOS platform, combining superior search and knowledge processing capabilities that help purchasers’ digital excellence in industries corresponding to manufacturing, life sciences, monetary companies, and aerospace and protection.
The acquisition aligns with ChapsVision’s ambitions for fast worldwide development, significantly in Europe and North America. The latest funding spherical will additional speed up these efforts, increasing ChapsVision’s attain and investments in R&D and product enhancements.
“We’re delighted to welcome Sinequa to ChapsVision,” says Olivier Dellenbach, Founding CEO at ChapsVision. “Alexandre Bilger and his groups have developed a novel generative AI-augmented analysis expertise, lauded by analysts and utilized by the world’s largest corporations for essentially the most demanding use instances. This expertise is completely complementary to our ArgonOS platform and can permit us to market a novel provide within the large processing of knowledge. I wish to thank Jean Ferré, CEO of Sinequa, who efficiently accomplished the corporate’s gross sales course of and facilitated the graceful course of.”
Alexandre Bilger, Chief Architect Officer at Sinequa, provides: “Becoming a member of ChapsVision and changing into a part of its robust development represents an incredible alternative for Sinequa and our clients. Combining our experience in AI and enterprise search with ChapsVision’s broad knowledge intelligence portfolio creates unparalleled alternatives for purchasers of each corporations to deal with essentially the most advanced knowledge challenges with confidence.”
The acquisition of Sinequa is financed via contributions in type and by ChapsVision’s third spherical of financing of US$90 million (€85 million). This funding may also allow ChapsVision to advance its worldwide improvement. ChapsVision’s historic shareholders—Tikehau Capital, Bpifrance, Qualium Investissement, GENEO Capital—together with Jolt Capital, a brand new investor, are financing this operation.
Additionally Learn: AiThority Interview with Tom Butler, Government Director, WW Business Portfolio and Product Administration at Lenovo
[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]
