Augmented intelligence platform Primal wins $2.3 mln from BDC
Primal, a Waterloo artificial intelligence company focused on consumer and enterprise applications that augment human intelligence, has secured a $2.3 million loan from the Business Development Bank of Canada (BDC). Founded in 2004, Primal's augmented intelligence platform, which is backed by 148 patents, makes use of semantic synthesis and knowledge representation to understand text similar to how the human brain processes and represents information. The company will use the loan's proceeds to commercialize new applications, pursue partnerships, sign licensing deals, and invest in sales and marketing.
17 May 2018•3 mins read
