Natif.ai announced securing seed funding round led by High-Tech Gründerfonds

Natif.ai, a Saarbrücken, Germany-based software development startup, announced securing a seed capital investment round.

The funding was provided by investors from Germany led by High-Tech Gründerfonds (HTGF). Money will be used to consolidate the product development and hire more people on the team.

Natif.ai, founded in 2019 as a spin-off of the German Research Institute for Artificial Intelligence (DFKI) by Christophe Hocquet, Johannes Korves and Manuel Zapp, developed an OCR (optical character recognition) tool that can be used for scanning and analyzing a wide variety of documents extremely quickly and precisely.

This is particularly important for banks and retail companies, but also for insurance companies and enables completely new ways of using data.