Money Buzz! Europa

Tag: druid

  • DRUID teams up with Mobinology to enable AI-driven conversational capabilities

    DRUID teams up with Mobinology to enable AI-driven conversational capabilities

    Mobinology teams up with DRUID to enable AI-driven conversational capabilities in large digital transformation projects across the APAC region. 

    The collaboration aims to facilitate the implementation of conversational RPAs across a variety of industries, such as retail, utilities, tourism, and other services.

    DRUID conversational technology offers bi-directional communication between humans and machines and can be deployed in any scenario – cloud, hybrid, or on-premises.

    The power and simplicity of DRUID chatbots lie in the revolutionary proprietary NLP engine that natively supports over 45 languages, while over 500 pre-built conversational skills.

    Moreover, the award-winning native connector with UiPath adds conversational capabilities to the industry’s first hyper-automation platform.

    Mobinology Asia is a major business software solution provider, specialized in delivering innovative solutions for data-driven marketing and customer engagement.

  • Romanian chatbot developer Druid attracts a $ 2.5 million Series A investment

    Romanian chatbot developer Druid attracts a $ 2.5 million Series A investment

    Druid, a company specialized in developing intelligent virtual assistants (chatbots), closed a new round of financing of 2.5 million dollars.

    The round was led by GapMinder Ventures fund with $ 2.2 million. The rest of the amount was invested by Early Game Ventures and private investors.

    Thus, Druid becomes one of the best-capitalized startups in Romania, with total investments worth 5.8 million dollars attracted since its launch in 2018.

    Druid revenues increased by 580% in 2020 compared to 2019, in the context in which the market for conversational solutions based on artificial intelligence has an average growth rate of 22% over the next four years, reaching $ 13.9 billion in 2025, according to a Marketsandmarkets study.

  • Romanian startup KFactory launches the first team of virtual engineers

    Romanian startup KFactory launches the first team of virtual engineers

    KFactory is the first Industry 4.0 startup funded in Romania, which aims to innovate the entire production process by understanding how all the variables involved influence its performance.

    KFactory launches as an integrated part of its platform an innovative concept, the first team of virtual engineers dedicated to the manufacturing industry.

    This new platform is developed in partnership with Druid and UiPath, using the Druid platform to train virtual engineers specializing in production and UiPath technology to extract the necessary data from various digital sources.

    Standard communication between staff and virtual engineers is through Microsoft Teams.

    In this way, KFactory customers around the world, regardless of size and level of digitization, can take advantage of the most valuable results from the best technologies.

    The KFactory team of virtual engineers is a unique concept that covers vertical processes in a factory, such as production, maintenance, quality and internal supply chain, stimulating the adoption of digital systems without the difficulty and complexity of integration projects.