Company overview
When an AI PhD meets tech Executives
Elai was born from Lorenzo Luce’s PhD research in Artificial Intelligence at the University of Rome, Italy.
During his scientific research, Lorenzo aimed to develop a resoning engine capable of generating predictive models from raw data.
It was only with the involvement of Antonio Sciuto, the company’s current CEO and former Global Business Development Officer at Salesforce, that the startup turned into a global business.
ELAI has secured a total of $6.6 Million in venture capital funding, led by Italy’s sovereign fund CDP and a world-class group of business executives.
Investors
Zest Group
Zest, the innovation player “Made in Italy”, born from the union of LVenture Group and Digital Magics, is a market leader in early-stage venture capital investments, startup acceleration and open innovation.
CDP Venture Capital SGR
CDP Venture Capital Sgr, is a national innovation fund that aims to make venture capital a key pillar of the country’s innovation, laying the groundwork for overall growth of the venture capital ecosystem.