Ministry of Truth Logically.ai requests funding on Nov 23, 2020 to support rollout of next generation anti-misinformation threat intelligence services; some person/entity contributed £2M to campaign
https://www.seedrs.com/logically/sections/investors
Logically.ai is redirecting to logically.ai/access
They are asking for £2.1M
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Logically is launching a new £2.1 million crowdfunding campaign to support the rollout of its next generation threat intelligence and fact-checking services.
The new investment round will enable Logically to further capitalise on its position as a leader in the anti-misinformation and fact checking industry in the UK, USA, India and globally, as they work to detect and mitigate harmful misinformation and deliberate disinformation at scale. Logically’s services have already been used to support election integrity efforts in the US and India, and are playing an important role in protecting the public against Covid-19 misinformation during the pandemic.
Logically’s products and services are becoming increasingly important for governments, social platforms and brands as we see the real world harm caused by what were previously considered fringe communities. From concerns about election interference, to the rise of the anti-vax movement, and the proliferation of organised conspiracy groups such as QAnon, the real world impacts on public safety and democratic processes caused by misinformation are becoming more evident. Now more than ever, the public needs access to clear, authoritative and trusted sources of information.
New product innovation is a key area of focus for Logically, whose combination of state-of-the-art AI and the largest dedicated fact-checking team in the world provides an early warning system for harmful disinformation campaigns before they are able to reach scale; as well as the ability for any member of the public to submit fact checks and read accurate and unbiased headlines via the Logically app. → basically truth supression
Founder and CEO Lyric Jain comments:
“Since I founded the company three years ago, we have seen the phenomenon of mis and disinformation take root, evolve and proliferate. Its proponents’ strategies and networks have become more sophisticated, and tackling them requires an equally sophisticated response. By way of real and immediate threats, we need look no further than the enormous misinformation challenge any Covid vaccination campaign will encounter. With this additional investment, we’ll be able to increase the speed and scale of the products and services Logically has developed that can make a real difference.”
The campaign is being carried out by the Seedrs fundraising platform. For more information, or to invest, please visit www.seedrs.com/logically.
https://www.logically.ai/press/logically-announces-new-crowdfunding-campaign-to-support-rollout-of-next-generation-anti-misinformation-threat-intelligence-services