$1,296,474,464+
*Data updated daily at 18:00 EAT
ClusterLab, the company behind the Arabic audiobook summarization app Reedz, has secured USD 600 K in pre-seed funding. This round boasts support from prominent investors, including Karim Beguir, and regional angel investors. This infusion of funding will propel Clusterlab’s research and development efforts, with a particular focus on advancing their next-generation large language models (LLMs). These advanced language models will further enhance Clusterlab’s NLP capabilities, allowing them to refine user experiences within their AI-powered products like Reedz and Elm.
Founded in Tunisia in 2020 by Haithem Kchaou and Chehir Dhaouadi, ClusterLab provides AI and natural language processing (NLP) technologies. Their expertise is recognized through their collaboration with InstaDeep on a national AI initiative for Tunisia’s Ministry of Higher Education, and their selection in the Nvidia Inception Program for AI startups.