Stern Tech, a company specializing in cognitive science and artificial intelligence, has secured $58.3 million in its latest funding round. The investment will support the company's mission to leverage advanced recognition technologies, including face, voice, semantics, gesture, and biometrics, to deepen understanding of human consciousness.
The company's human-centric AI solutions are applied across various sectors, including marketing, human resources, healthcare, automotive, and simulators. Stern Tech's core offerings include Alex, which provides real-time behavioral scoring for HR to assess candidate skills and engagement; Pegasus, designed for market research to gather cognitive insights from panelists; Shield, a tool for psychological and social distress assessment; and WiseDriver, aimed at improving driver and passenger safety, also available for driver training simulators. Stern Tech emphasizes its full compliance with the EU AI Act and GDPR.
This significant capital infusion underscores investor confidence in Stern Tech's innovative approach to AI and its diverse applications. The funds are expected to be strategically deployed to accelerate product development, expand the company's market reach, and scale its operational capabilities. This investment positions Stern Tech to further enhance its proprietary technologies and broaden its impact across its target industries.
Looking ahead, Stern Tech plans to continue its trajectory of growth and innovation, aiming to solidify its position as a leader in human-centric AI solutions. The company is focused on advancing its research into human consciousness and delivering cutting-edge tools that address complex challenges in various professional and societal contexts.
