Osavul, a Kyiv, Ukraine-based AI company that provides software solutions to explore disinformation threats, assess them and counter malicious actors, raised $1 million in seed funding from the SMRK venture fund.
With this funding round, Osavul plans to improve the current technology and enter the international market to assist democratic societies in protecting their states, businesses, and people from growing threats.
Osavul develops AI-based software to protect states, businesses, and society from information threats such as disinformation, information operations, foreign information manipulation, and interference.
"We are thrilled to have SMRK fund as our partner in this journey," said Osavul's CEO Dmytro Pleshakov. "Their expertise and resources will be invaluable as we continue to develop innovative solutions to help protect democratic societies from the growing disinformation threats."
Company: OSavul, Inc.
Raised: $1.0M
Round: Seed Round
Funding Month: May 2023
Lead Investors: SMRK venture fund
Additional Investors:
Company Website: https://www.osavul.cloud/
Software Category: Data Security Software
About the Company: Osavul is a software company focused on developing AI-powered solutions to protect states, businesses, and society from information threats. Osavul's AI-based solutions use advanced algorithms, machine learning techniques, and Large Language Models, helping users to identify and counteract disinformation campaigns, information operations, and other forms of malicious activity. Osavul emerged as a response to the Russian invasion of Ukraine in 2022. The technology was already deployed and successfully used by various security institutions in Ukraine to counter Russian disinformation.
Source: https://www.osavul.cloud/news-osavul-has-raised-1-mln-investme