Etiq AI raises €900,000 in GapMinder-led round

Business Forum
Etiq AI, the AI startup founded by Iris Anson and Raluca Crișan, has secured €900,000 in seed funding led by GapMinder VC, adding to their £1 million grant from InnovateUK.

The funds will be used to scale Etiq's newly launched data science copilot, designed to accelerate the debugging and testing of machine learning models.

Etiq's platform provides deep visibility into AI and ML code, recommends tests for pipeline robustness, and offers RCA agents to identify and suggest fixes for issues. 

Robert Herscovici, Investment Director at GapMinder, said that Etiq's technology empowers teams to identify biases, edge cases and enhance ML performance.

The financing comes on the back of growing interest in tools that enhance developer productivity, with the data science platform market expected to exceed $320 billion by 2026.

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