YurekAI, the technology division of Ticino-based holding company ART AG, has raised over 600,000 Swiss francs through a fundraising campaign and is expanding its presence in the United States. The division has also announced a strategic collaboration with SUPSI on a new project.
YurekAI, the startup and technology division of the holding company Augmented Reality Technology AG, has developed an intelligent suite of services for the real estate market, targeting both professionals and end customers. It efficiently automates internal processes and simplifies the property search experience, delivering personalized results aligned with individual preferences and needs. With its proprietary ASI technology, YurekAI also creates customized solutions for companies looking to optimize their internal processes through intelligent task automation.
One of the forthcoming innovations by YurekAI is DomusRadar. The platform seeks to provide physical and digital solutions to real estate agents and their clients. Through seamless integration with physical locations, DomusRadar provides users with an immersive exploration of real estate properties, harnessing augmented reality and advanced AI to deliver customized experiences tailored to the linguistic preferences of each agency. This innovative approach not only enhances user engagement but also empowers agencies to navigate diverse markets with precision, overcoming traditional limitations associated with search engine optimization.
Worldwide expansion and a successful fundraising campaign
Operating from its headquarters at Tecnopolo Ticino, YurekAI is strategically expanding its global presence beyond its established strongholds in Switzerland and Italy. Diego De Maio, CEO and co-founder of the ART business group, emphasized, "Following successful operations in Switzerland, Italy, Spain, and the United Arab Emirates, we have established New YurekAI Inc., our American subsidiary headquartered in Florida, marking our entry into the competitive real estate market of the United States. We also plan to further expand into the prestigious Monaco market by the end of 2024."
YurekAI recently concluded a successful fundraising campaign, securing over 600,000 Swiss francs through the CrowdFundMe platform and direct subscriptions from international investors. Currently, the platform boasts a user base of over 1,800 agencies and 2,000 active app users, managing over 120,000 properties.
A new strategic collaboration with a renowned research institute
Recently, ART Holding announced a strategic collaboration with the Institute of Information Systems and Networking (ISIN) at SUPSI for its new project ANEMOS. Coined by Diego De Maio, the project’s name derives from the Greek term signifying “vital breath”, representing its vision: to give true life to software and hardware, through YurekAI, facilitating intelligent interpretation between humans and machines, and thus delivering a natural, immersive, and personalized user experience. Supported by Innosuisse, the project is planned to span two years and has secured funding totalling approximately 700,000 Swiss francs. Diego De Maio commented, "This collaboration fills us with pride and motivation: the backing of Innosuisse and the collaboration with ISIN, a renowned research institute, will greatly enhance the innovative potential of YurekAI, a cornerstone division within our holding."
(Luca Calderara)
Picture: Diego De Maio, CEO and co-founder of the ART business group
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