South African AI startup, NOSIBLE, has announced the close of a $1 million in pre-seed funding round led by Atlantica Ventures. The startup plans to use the funding to scale its sales operations and accelerate its go-to-market strategy.
“Our discovery changes the AI equation,” said Stuart Reid, Founder and CEO of NOSIBLE. “Our index operates at 1/100th the cost of current methods and uniquely supports real-time hyperparameter tuning, allowing it to dynamically adapt to more complex searches – similar to how OpenAI pioneered the use of test-time compute.”
NOSIBLE’s solution is uniquely optimized for disk, supports native pre-filtering, compression, streaming, bulk querying, and even real-time hyperparameter tuning. These characteristics combine to create a solution that is 100x cheaper than the current state-of-the-art in large-scale search. Recognizing search as a scaling law, NOSIBLE’s innovation unlocks smarter AI agents because they search 100x more.
Speaking on this, Ik Kanu, Founding Partner at Atlantica Ventures adds, “We invested in NOSIBLE because we saw a small, focused team that was deeply knowledgeable in quantitative finance, ML, and computer science, building their own infrastructure to power a low-cost, agentic platform with intelligent workflows. This unique blend of finance and tech expertise allows NOSIBLE to deliver highly specialized value for small to large asset managers with impressive capital efficiency – it’s exactly the kind of focused innovation we look for.”
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