Noreja, a Hohenweiler, Austria-based startup developing a Generative Process Intelligence platform, has closed a €1.1 million funding round.
The company said the capital will be used to expand its platform and build out marketing and sales. Noreja is a spin-off of WU Vienna and focuses on helping companies understand business processes and identify weaknesses using knowledge graphs and artificial intelligence.
Founded in 2021 by Dr. Lukas Pfahlsberger, Dr. Philipp Waibel and Prof. Dr. Jan Mendling, Noreja said the round included both existing and new business angels and partners as it prepares for its next phase of growth.
The company said the capital will be used to expand its platform and build out marketing and sales. Noreja is a spin-off of WU Vienna and focuses on helping companies understand business processes and identify weaknesses using knowledge graphs and artificial intelligence.
Founded in 2021 by Dr. Lukas Pfahlsberger, Dr. Philipp Waibel and Prof. Dr. Jan Mendling, Noreja said the round included both existing and new business angels and partners as it prepares for its next phase of growth.