Cypris Raises $5.3M in Funding
Summary
Cypris, a NYC-based provider of an AI research platform for R&D teams, raised $5.3M in funding. The company intends to use the funds to accelerate the scaling of their AI-powered platform built to strengthen innovation-focused research for global R&D teams. Led by CEO Steve Hafif, Cypris provides a market intelligence platform built for research and development and innovation teams. Their offering includes an AI-powered research platform with LLM-driven insights, semantic search, advanced data monitoring, and more, in addition to a team of data analysts working on bespoke research using their focused technical database. Commenting on the news, Steve Hafif said: “What we’ve all experienced over the last few years with the acceleration of AI is just the tip of the iceberg of what’s to come in terms of rapid technological disruption.