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ChapsVision completes acquisition of Sinequa to strengthen AI capabilities and secures US$90M funding round

Nov 18, 2024

Acquiring Company

ChapsVision

Acquired Company

Sinequa

SuresnesParisInformation TechnologyAnalyticsMachine LearningBig DataSoftwareArtificial Intelligence

Description

ChapsVision, a leader in AI-enriched data processing, has announced the acquisition of Sinequa, a global authority in AI-powered enterprise search and Retrieval-Augmented Generation (RAG). This strategic acquisition, paired with a new US$90 million (€85 million) investment, accelerates ChapsVision’s growth, strengthens its global presence, and expands technology capability, particularly around AI.

Quick answer

ChapsVision is acquiring Sinequa, announced November 18, 2024. ChapsVision is based in Suresnes, Ile De France, France.

How much did ChapsVision pay for Sinequa?
The deal value was not disclosed.
What does ChapsVision do?
ChapsVision is a leader in AI-enriched data processing, empowering businesses and public authorities in their digital transformation journeys.
Where are ChapsVision and Sinequa based?
ChapsVision is based in Suresnes, Ile De France, France. Sinequa is based in Paris, Ile-de-France, France.
Who are the decision-makers at ChapsVision?
Fundz holds 4 contacts at ChapsVision. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

ChapsVision

Location

Suresnes, Ile De France, France

About

ChapsVision is a leader in AI-enriched data processing, empowering businesses and public authorities in their digital transformation journeys. It leverages AI and advanced data processing capabilities through its robust software suite, designed to harness diverse datasets and unlock actionable insights for strategic decision-making. With a cohesive group of two branches addressing data-intensive sectors for businesses and government organizations, ChapsVision has nearly 1,000 employees and a strong focus on R&D investments in big data processing.

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Frequently asked

Who acquired Sinequa?

Sinequa was acquired by ChapsVision, based in Suresnes. The deal was reported on November 18, 2024. ChapsVision is a leader in AI-enriched data processing, empowering businesses and public authorities in their digital transformation journeys. ChapsVision is privately held and operates in Information Technology.

When did ChapsVision acquire Sinequa?

ChapsVision's acquisition of Sinequa was reported on November 18, 2024. ChapsVision, a leader in AI-enriched data processing, has announced the acquisition of Sinequa, a global authority in AI-powered enterprise search and Retrieval-Augmented Generation (RAG). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sinequa do?

Sinequa transforms how work gets done. Sinequa's Assistants augment your company by augmenting employees with a knowledgeable, accurate, secure work partner so they are more effective, more informed, more productive, and less stressed. It is privately held, operating in Software, and is based in Paris.

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