Visium secures strategic financing

The Swiss AI company Visium has successfully closed its first institutional financing round. The round was led by Columbus Venture Partners and Concentric. In addition, a consortium of investors consisting of well-known AI and tech founders, including personalities from companies such as Hugging Face, QuantumBlack and Silo AI, also participated. The amount of funding was not disclosed.

AI solutions for highly regulated industries

Visium was founded in Lausanne in 2018 and specializes in AI and data solutions for regulated industries. The company works in particular with customers from the pharmaceutical, biotech and chemical industries. Its customers include Roche, Novartis and several international pharmaceutical companies and specialty chemical groups.

According to its own information, Visium has now implemented more than 250 AI and data projects and employs around 100 AI experts in Europe. The company pursues an "AI-native" approach: instead of only gradually digitalizing existing processes, the aim is to fundamentally rethink business processes and automate them with the help of AI.

Combination of consulting and scalable products

Visium's business model combines consulting services with a growing product platform. While the consulting division works closely on customers' operational challenges, the aim is to create standardized and scalable AI products.

According to the company, this model enables AI systems to be used not only as pilot projects, but also to develop production-ready applications for real corporate environments. Especially in highly regulated industries, issues such as data quality, compliance and process security are considered key challenges when introducing AI technologies.

Expansion planned in Europe and the USA

Visium intends to use the fresh capital to accelerate its expansion in Europe and the USA. Investments are planned in the expansion of the team and in the further development of the company's own product and platform solutions.

CEO and founder Alen Arslanagic emphasizes that the company was built up over eight years using entirely self-financing. The aim was to develop AI systems that can actually be used productively in complex and regulated environments.

Prominent investors from the AI sector

The investors involved include several well-known personalities from the international AI and tech scene. These include Thomas Wolf, co-founder of Hugging Face, Peter Sarlin and Sam Bourton. The investors see great potential for AI-supported process automation, particularly in the healthcare and life sciences sector. Generative AI could make complex workflows in research, development and operational processes more efficient and accelerate decision-making processes.

Visium was also recently named one of the fastest-growing companies in Europe by the Financial Times.