“The ability to explain AI based outputs is becoming a critical aspect of any AI system and it’s a field we have been following for some time,” said Carlos Silva, Partner at Faber. “In Apres we found not only a bleeding edge solution to this problem but also a particularly outstanding team that merges vision, domain expertise and ability to execute. We feel honored that they chose us to share their long-term mission with.” “We are excited to partner with Apres to deliver their mission to make AI explainable and transparent,” said Ross Strachan, Principal at Adara. “Matt, Subbu and the Apres team have impressed us with their deep domain expertise and bold product vision and we look forward to supporting them as they embark on their growth journey.” [...] Logo Logo Logo Logo # Lisbon-based Apres raises €1.25 million to bring understanding, transparency and improved performance to AI Charlotte Tucker Portugal and US-based startup Apres today announces an approx. €1.25 million seed round to bring its “explainable AI” solution to market. European early stage venture capitalists Faber and Adara co-led the round, with participation from Techstars and local angels. [...] “Companies should not have to choose between AI performance and transparency,” said Matt Waite, CEO of Apres. “We’re thankful for our partnership with Faber and Adara, two deep-tech funds, who understand our vision for making responsible AI accessible to everybody.” Charlotte Tucker ### French BioTech Spore.Bi
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