Sentiance has raised €8 million led by Volta Ventures, aimed at enhancing its AI platform and driving global growth in the IoT sector.

Information on the Target

Sentiance, a pioneering data science company, has secured €8 million in new funding to enhance its AI-driven intelligence platform and accelerate global growth. The funding round was led by Volta Ventures, with participation from KPN Ventures and previous investors including Samsung Catalyst Fund, Qbic, and Pamica, among others. Sentiance aims to establish itself as a leader in the IoT industry by leveraging this investment to develop more advanced services and technologies.

The company's platform utilizes advanced machine learning and deep learning techniques to analyze data collected from IoT devices, such as mobile phones and wearables. By converting this data into actionable behavioral and contextual insights, Sentiance allows its clients to better understand and predict consumer behavior, enabling personalized experiences that cater to individual needs.

Industry Overview

The Internet of Things (IoT) sector is rapidly evolving, with increasing adoption of smart devices influencing consumer behavior and business operations across various industries, including insurance, mobility, health, and telecom