South African AI startup NOSIBLE has successfully raised US$1 million in pre-seed funding to enhance its growth marketing initiatives, expand its sales operations, and expedite its go-to-market strategy.
Founded in 2020 by Stuart Reid, NOSIBLE is an emerging player in the AI sector, offering two primary products: a robust search engine API that delivers real-time and historical data insights for businesses, and nosible.ai, a consumer-oriented platform featuring highly specialized AI agents aimed at optimizing asset management tasks.
The startup aims to establish itself as the leading AI provider for asset managers. Its solution is uniquely optimized for disk usage and includes features such as native pre-filtering, compression, streaming, bulk querying, and real-time hyperparameter tuning. These attributes result in a solution that is 100 times more cost-effective than the current leading technologies in large-scale search. By recognizing search as a scaling law, NOSIBLE’s innovation enables smarter AI agents that can search 100 times more efficiently.
The US$1 million pre-seed funding round was led by Atlantica Ventures, with additional strategic investments from existing customers. This funding will assist NOSIBLE in launching its growth marketing efforts, scaling its sales operations, and accelerating its go-to-market strategy.
Stuart Reid, founder and CEO of NOSIBLE, stated; “Our discovery transforms the AI landscape. Our index operates at one-hundredth the cost of existing methods and uniquely facilitates real-time hyperparameter tuning, enabling it to adapt dynamically to more complex searches—similar to how OpenAI revolutionized test-time compute.”
Ik Kanu, founding partner at Atlantica Ventures, expressed that his firm invested in NOSIBLE due to its small, focused team with deep expertise in quantitative finance, machine learning, and computer science, which is building its own infrastructure to support a low-cost, agent-driven platform with intelligent workflows.
“This distinctive combination of finance and technology expertise allows NOSIBLE to provide highly specialized value to asset managers of all sizes with remarkable capital efficiency—exactly the type of focused innovation we seek,” he remarked.
