ChapsVision, a specialist in AI-enhanced data processing, has bolstered its technological portfolio with the acquisition of Sinequa, a global leader in AI-powered enterprise search and Retrieval-Augmented Generation (RAG).
This strategic move, combined with a $90m (€85m) funding round, marks a significant milestone in ChapsVision’s growth journey.
The funding round was led by Tikehau Capital, Qualium Investissement, Bpifrance, GENEO Capital, and Jolt Capital, a new investor in the company. These funds will accelerate ChapsVision’s international expansion, particularly in Europe and North America, and support further investment in research and development.
ChapsVision develops advanced data processing solutions that empower businesses and public authorities to navigate digital transformation successfully. Its software suite enables organisations to analyse diverse datasets, uncover actionable insights, and enhance strategic decision-making processes.
The acquisition of Sinequa aligns with ChapsVision’s ambitions to enhance its ArgonOS platform. Sinequa, recognised as a leader in the cognitive search and AI agents sectors by Gartner and Forrester, brings expertise in AI and natural language processing. With high-profile clients including Pfizer, Airbus, and NASA, Sinequa’s platform improves data accessibility and usability for complex organisational needs.
ChapsVision CEO Olivier Dellenbach said, “We are delighted to welcome Sinequa to ChapsVision.
“Alexandre Bilger and his teams have developed a unique generative AI-augmented research technology, lauded by analysts and used by the world’s largest companies for the most demanding use cases. This technology is perfectly complementary to our ArgonOS platform and will allow us to market a unique offer in the massive processing of data. I would like to thank Jean Ferré, CEO of Sinequa, who successfully completed the company’s sales process and facilitated the smooth process.”
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