Nisien secures investment from the Investment Fund for Wales to scale artificial intelligence safety technology.
The funding was backed by Foresight Group and the Development Bank of Wales to accelerate product development and team expansion.
Cardiff based artificial intelligence startup developing real time content moderation tools to detect and classify online harms.
Cardiff based artificial intelligence startup Nisien has secured investment from the British Business Bank via its Investment Fund for Wales, with participation from Foresight Group and the Development Bank of Wales. The funding will be used to accelerate research and development, expand the workforce, and scale the company platform.
Founded in 2023 by university professors, the business deploys artificial intelligence algorithms to accurately detect and classify harms across digital platforms in real time. The fresh capital supports the commercialisation of its flagship product, HERO Detect, alongside strategic executive appointments including a new chairman.
Investor perspective
"We are excited to be working with the Development Bank of Wales on our first joint investment into Nisien AI. We are keen to see the improvements Nisien.AI will provide to online safety and look forward to working together with the Nisien team."
Ruby Godrich
Investment Manager, Foresight
Use of funds
- 01Fund research and development
- 02Grow the team
