South African AI startup NOSIBLE has raised $1 million in pre-seed funding to fuel its growth marketing, sales expansion, and go-to-market strategy. The funding round was led by Atlantica Ventures, with additional backing from strategic investors, including existing customers.
Founded in 2020 by Stuart Reid, NOSIBLE is carving a niche in AI-powered asset management. The startup offers two core products:
✅ NOSIBLE Search API – A cutting-edge search engine that provides businesses with real-time and historical data insights.
✅ nosible.ai – A consumer-facing platform featuring hyperspecialized AI agents designed to streamline asset management tasks.
NOSIBLE’s solution is engineered to be 100x cheaper than existing large-scale search technologies, thanks to its disk-optimized architecture that supports:
🔹 Native pre-filtering
🔹 Compression and streaming
🔹 Bulk querying
🔹 Real-time hyperparameter tuning
By improving AI search efficiency, NOSIBLE’s technology enables more powerful and cost-effective AI agents, setting a new benchmark for intelligent asset management.
Investor Confidence in NOSIBLE’s Disruptive Approach
Ik Kanu, Founding Partner at Atlantica Ventures, highlighted the startup’s unique blend of expertise in quantitative finance, machine learning, and computer science, which allows it to build its own infrastructure and power an agentic, low-cost AI platform.
“This unique combination allows NOSIBLE to deliver specialized value to asset managers of all sizes with impressive capital efficiency. It’s exactly the kind of focused innovation we look for,” Kanu said.
A New AI Equation
Stuart Reid, Founder & CEO of NOSIBLE, emphasized how the startup’s innovation is redefining AI’s capabilities.
“Our discovery changes the AI equation. Our index operates at 1/100th the cost of current methods and supports real-time hyperparameter tuning, allowing it to dynamically adapt to complex searches—similar to how OpenAI pioneered test-time compute,” he explained.
With this fresh round of funding, NOSIBLE is set to:
📈 Launch targeted growth marketing initiatives
🚀 Scale its sales operations
📊 Accelerate its go-to-market strategy
As AI adoption in finance continues to grow, NOSIBLE is positioning itself as a game-changer, unlocking more efficient, cost-effective, and intelligent solutions for asset managers worldwide.
