Nuvo secures €3M funding for AI data solutions || Web3 O’clock

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Nuvo's recent funding signifies a notable milestone in the advancement of AI-driven user onboarding solutions. Backed by a strong vision, a demonstrated track record, and a dedication to compliance and security, Nuvo is positioned to transform data onboarding processes for businesses

Nuvo, a Hamburg-based SaaS startup founded by Ben Hartig and Michael Zittermann, recently secured 3 million in seed funding led by La Famiglia, with support from investors like FoodLabs, APX, Collective Ventures, Exxeta Ventures, and business angels. Originally conceived as a marketplace, Nuvo evolved to address the challenges businesses face in efficiently importing product-related data. The founders envisioned a solution leveraging AI algorithms, resulting in Nuvo, a platform for mapping and transforming data into desired structures.

The recent funding will propel Nuvo's AI algorithm advancement, aiming to establish itself as Europe's premier solution for secure and scalable data onboarding. The funds will also facilitate global expansion and the development of an AI-powered API for external imports, enabling seamless integration of customer data for software companies.

Nuvo's inception was rooted in the recognition of businesses struggling with manual restructuring of messy spreadsheets during onboarding. The goal was to create a comprehensive platform capable of transforming any data into the desired structure and format, offering efficient import solutions for customer data onboarding.

Since its establishment in 2022, Nuvo has witnessed substantial growth, serving clients like RiskMethods, Sastrify, Lano, and FMS Logistics. The AI algorithms cater to diverse use cases, allowing clients to effortlessly convert external data into valuable assets.

Nuvo's CTO, Ben Hartig, emphasizes their commitment to automating every unique use case with AI algorithms, freeing up clients' development resources. CEO Michael Zittermann highlights Nuvo's adherence to Europe's GDPR laws, ensuring secure and compliant handling of customer data. Nuvo aspires to be the leading platform for handling heterogeneous data movements.

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