AI-Driven EdTech Startup Artificial Society Raises Undisclosed Amount of Funding

AI-Driven EdTech Startup Artificial Society Raises Undisclosed Amount of Funding

Artificial Society, an AI-based education technology startup,has raised an undisclosed amount in seed-stage funding led by Naver D2SF, Kakao Ventures, Mark & Company, and The Yoomin Foundation.

Founded in 2020, Artificial Society conducted a beta test targeting domestic elementary and middle school students, parents, and teachers. As a result of a beta test, the program was evaluated as a solution that makes the reading text most enjoyable.

The team of Artificial Society has developed a powerful mobile app, "Lesser", equipped with artificial intelligence (AI) analytics and tracking technology. The solution developed by the startup analyzes the user's reading comprehension based on six elements. These six factors include visual perception and attention.

The solution is currently being tested with Seoul National University and Siheung City and will be introduced and marketed in the Southeast Asian market.

An official from Naver assessed the user's ability to find, understand, structure, and reinterpret necessary information in the flood of data is becoming increasingly important. He believes that Artificial Society can help strengthen that ability.

NaverD2SF invests in startups with outstanding technology to help grow and seek synergy with Naver. A tech startup needs a variety of resources to grow. D2SF provides an environment where startups can immerse themselves in technology and product development. The company helps promote, market, and attract follow-up investments so that it can reach partners, investors, and users to deliver the value and potential of technology.

NaverD2SF backed startups reveal the collaboration results within logistics. The company invests in strengthening the capabilities of the Naver commerce solution. It also invested in the early-stage content creators' platform. Earlier, DeSilo, a data platform based on homomorphic encryption, secured its second round of funding from Naver D2SF within 13 months.

About the Author
Author: Shalini Pathak
Shalini Pathak Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.

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