In order to help it launch its growth marketing initiatives, scale its sales operations, and expedite its go-to-market strategy, the South African AI startup NOSIBLE has obtained US$1 million in pre-seed funding.
Stuart Reid founded the up-and-coming AI startup NOSIBLE in 2020. Its two main offerings are nosible.ai, a consumer-facing platform with highly specialized AI agents made to simplify asset management tasks, and a robust search engine API that gives businesses insights into both historical and real-time data.
Being the top AI supplier to asset managers is the startup’s goal. Its solution is specifically disk-optimized and supports streaming, bulk querying, native pre-filtering, compression, and even real-time hyperparameter tuning. A solution that is 100 times less expensive than the state-of-the-art in large-scale search is produced by combining these features. Since NOSIBLE’s invention acknowledges that search is a scaling law, it enables smarter AI agents to search 100 times more.
Atlantica Ventures led NOSIBLE’s US$1 million pre-seed round, with additional strategic investments from current clients. Through the funding, NOSIBLE will be able to scale its sales operations, accelerate its go-to-market strategy, and begin its growth marketing initiatives.
“Our discovery changes the AI equation,” said Stuart Reid, founder and CEO of NOSIBLE. “Our index operates at 1/100th the cost of current methods and uniquely supports real-time hyperparameter tuning, allowing it to dynamically adapt to more complex searches – similar to how OpenAI pioneered the use of test-time compute.”
According to Ik Kanu, a founding partner at Atlantica Ventures, his company chose to invest in NOSIBLE because it saw a small, laser-focused team with extensive knowledge of computer science, machine learning, and quantitative finance developing their own infrastructure to support an agentic, low-cost platform with smart workflows.
“This unique blend of finance and tech expertise allows NOSIBLE to deliver highly specialised value for small to large asset managers with impressive capital efficiency – it’s exactly the kind of focused innovation we look for,” he said.
