IPRally, a patent search engine powered by explainable AI, raises $10.8M
- Image Credits: IPRallyAdditionally, another major factor at play here is explainability — that is, IPRally allows the user to dive into the processes behind the results to see exactly why the platform has delivered the results it has, and gain a better understanding of any relevant prior art.Explainability.
- The company says it trained this neural network with data from millions of real patents, teaching it to “think” like that of a real-world patent examiner, but in a fraction of the time.
- Image Credits: IPRallyThere has been some sustained interest in all manner of technology that promises to modernize IP management, with the likes of SoftBank and Tencent backing IP analytics platform PatSnap to the tune of $300 million back in 2021.
IPRally, a Finnish startup building a knowledge graphbased patent search engine, has raised 10 million ($10.8 million) in a Series A round of funding.Founded in 2018, IPRally is one of a number of [+2525 chars]