Shapelets builds a time-series analytics platform designed to process, model and visualize large volumes of temporal data in real time across cloud or on-premises infrastructure. The product uses novel AI algorithms originating from academic research and targets multiple sectors including energy, healthcare, industry 4.0, IoT and finance. The platform emphasizes lower resource consumption versus other techniques, faster visualization and tools for data scientists to improve business decision-making. Shapelets plans to use the new capital to distribute the technology, launch the platform commercially, expand functionality and accelerate international expansion while reinforcing its technical team. The company was founded in 2018 in Málaga and has been included in the EU's Horizon 2020 and Horizon Europe research and innovation programs. The recent investment positions Shapelets to move from product development toward market deployment and broader commercial adoption.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2021