MEMORY LAB develops Memory AI, a technology-research service for corporate new business and R&D that uses proprietary NLP algorithms (patented) to index and screen research, patent, and market information. The company reports a database of more than 300 million research items and capabilities to instantly surface relevant papers, startups, and patents for user topics. Memory AI is positioned to shorten strategic R&D timelines—claiming to reduce new-business strategy formulation from about 1–2 years to roughly 3–4 months and to cut certain investigations that typically take six months to a year down to as little as one week. The product targets enterprise customers such as corporate strategy and new-business teams and aims to make research accessibility a foundational R&D infrastructure. MEMORY LAB plans to use new funding to continue developing Memory AI, build its organization, strengthen partnerships with domestic and global companies, and support overseas expansion. The company emphasizes hiring and team growth to support its mission of translating scientific knowledge into social impact.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2024