This is reported in the company's press release, according to Ekonomichna Pravda.
The round was led by the investment fund SMOK Ventures, with participation from partners such as Wayra (a subsidiary of Telefónica), Tilia Impact Ventures (supported by the InvestEU fund), 1991 Ventures, Google’s Ukraine Support Fund, and Startup Wise Guys.
Additionally, angel investors joined the funding round, including well-known entrepreneurs Pavel Bobosikov and Marti Kratki-Kats.
The attracted investment will be utilized by the startup LetsData to scale its technology in the US and EU markets.
LetsData employs artificial intelligence to process data from over 100 million websites and social media platforms, covering more than 50 languages and regions. The system analyzes text and video metadata from platforms like Telegram, YouTube, and TikTok.
Through semantic analysis, LetsData aggregates and connects content from various sources, identifying goals and coordinating information campaigns. This enables the detection of up to 80% more threats at early stages compared to traditional tools.