Berlin-based SearchInk has raised €4.2 million to further develop its technology that deciphers handwriting in scanned documents and makes it searchable.
Investors in the seed round include IBB Berlin and individual investor Michael Schmitt, ex-Engineering Director at Google Switzerland.
SearchInk is planning to announce both a new site launch and business partnership early next year that will make the technology accessible to audiences for individual, academic and corporate use.
The company is part of the Qidenus Group, which also includes Qidenus Technologies, a company of more than 50 people based in Vienna, Austria. It is currently working with the Universitat Politècnica de València (UPV) and the Computer Vision Center (CVC) in Barcelona.
SearchInk was founded in 2015 by Sofie Quidenus, CEO; Eric Pfarl, CIO; Stephan Dorfmeister, CFO; Martin Micko, COO; and Harald Gölles, CTO.
Read more: FinSMEs