Local artificial intelligence (AI) startupNOSIBLE has raised $1 million in pre-seed funding to support its growth, finance marketing expenditures, expand sales operations, and boost its market entry strategy.
The company’s pre-seed round was led byAtlantica Ventures, alongside additional strategic investments from existing clients.
NOBSIBLE is an emerging AI startup founded in 2020 by Stuart Reid. The organisation offers two core products – a search engine API that provides businesses with real-time and historical data insights, and nosible.ai, a consumer facing platform featuring hyperspecialised AI agents designed to streamline asset management tasks.
NOSIBLE’s solution is optimised 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. Recognising search as a scaling law, NOSIBLE’s innovation enables AI agents to search 100 times more, thereby unlocking smarter capabilities.
“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. Our discovery changes the AI equation,” said Stuart Reid, Founder and CEO of NOSIBLE.
Ik Kanu, Founding Partner at Atlantica Ventures, said his firm invested in NOSIBLE because it saw a small, focused team that was deeply knowledgeable in quantitative finance, machine learning (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 specialised value for small to large asset managers with impressive capital efficiency – it’s exactly the kind of focused innovation we look for,” he said.
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