Yolo Investments has made a significant investment in Narrativa, a machine-learning platform which transforms data into natural language.
The investment will support the next stage of Narrativa’s growth story, as the company’s proprietary AI solution, Gabriele, has already found applications across a diverse range of industries, including life sciences, financial services, advertising and marketing.
Narrativa’s technology is already providing disruptive solutions in sectors in which other Yolo Investments’ companies are active, including gaming and fintech, creating opportunities for symbiotic growth across the network.
Tim Heath, GP at Yolo Investments, said: “Narrativa are industry leaders when it comes to AI language generation. This is game-changing technology which will have a major impact on just about every industry, and that’s what makes it an ideal early-stage investment for Yolo. With Narrativa already established with an office in Estonia, we are able to work closely with their team to support the next stage of their growth.”
David Llorente, CEO at Narrativa, said: “We are delighted to have Yolo’s support at this new stage. Narrativa has a great potential and is already proving its worth. Yolo will help us grow and achieve our ambitious goals for the next couple of years. We are determined to be the leading company in providing NLG solutions worldwide.”