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Home Market Research Startups

Amsterdam’s robotic process automation platform Tur.ai bags €1.2M

by TheAdviserMagazine
12 months ago
in Startups
Reading Time: 2 mins read
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Amsterdam’s robotic process automation platform Tur.ai bags €1.2M
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Amsterdam-based Tur.ai, an AI-driven robotic process automation (RPA) platform, has secured $1.45M (approximately €1.29M) in a seed round of funding, with Presto Tech Horizons contributing $1.2M.

Presto Tech Horizons, a newly launched Czech investment fund, has added three startups—Vidar Systems, Bavovna, and Tur.ai—to its portfolio.

Additionally, Presto has welcomed Lucie Bresova, a seasoned executive with experience at Kiwi.com and Groupon, as a Partner.

Premysl Rubes, Founding Partner of Presto Tech Horizons, says, “Since the spring, we’ve jointly evaluated over 1,200 startups from 15 countries and met with hundreds of skilled tech entrepreneurs. We’ve selected the 25 best opportunities for further in-depth analysis, and we’re now making our first investments.”

Tur.ai: Master operational rigour with AI

Founded in 2017 by Ievgen Miasushkin and Pavlo Kozhokar, Tur.ai is an AI-driven robotic process automation (RPA) platform that allows companies to independently automate complex workflows, eliminating the need for IT involvement.

“We democratised AI so every retailer can benefit from its transformative power – hassle-free,” says Miasushkin.

The company claims that its platform can streamline both internal and customer-facing processes in real-time, potentially saving over 700,000 work hours annually and reducing customer service intervention by 50 per cent.

Tur.ai plans to use the raised capital to enhance product features, bolster customer support, and expand distribution.

The company’s current clients include the energy company DTEK, which uses Tur.ai’s solution to improve operational efficiency and service delivery.

Brief about Presto Tech Horizons

Presto Ventures and Michal Strnad’s Czechoslovak Group (CSG) launched Presto Tech Horizons in June 2024, a €150M fund dedicated to investing in security and defence technology.

The fund, with ticket size between €500K to €5M, aims to support companies that use advanced technology to uphold Western values, focusing on projects from NATO and allied countries.

Premysl Rubes, founder and managing partner of Presto Ventures, says, “For young, technologically advanced companies, finding the right investor is often a challenge. By joining forces, Presto and CSG have created a unique partnership that is unmatched in Europe.”

“Our fund brings together the best of tech investing, know-how in building global firms, and industrial-technological expertise.”

The fund’s investments will span AI, cybersecurity, automation, robotics, defence, aerospace, energy, healthcare, and critical infrastructure protection, including technologies like radars, drones, lasers, and advanced sensors.

Michal Strnad, Chairman of the Board and owner of the CSG Group, adds, “At CSG, we’ve long been creating solutions and products that future generations can build on. We seek out the best minds and technologies. Together with Presto, we’ll identify opportunities and develop portfolio companies to deliver solutions with maximum added value and positive societal impact.”

“We understand firsthand how challenging it is to transform research and development into industrial products able to succeed in the defence, security, and law enforcement segments, where they target not only private enterprises but also governments and their organisations.”

“Our success stems from our ability to manage both manufacturing and global trade. We’re prepared to share our experience with emerging innovative entrepreneurs who will become technological leaders.”



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