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COINTURK FINANCE > Business > Modulos Secures CHF 8.7M to Boost Global AI Governance
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Modulos Secures CHF 8.7M to Boost Global AI Governance

Overview

  • Modulos raises CHF 8.7M in pre-Series A funding round.

  • The platform automates compliance with evolving AI standards.

  • Integration supports EU AI Act, ISO 42001, and NIST AI RMF.

COINTURK FINANCE
COINTURK FINANCE 3 months ago
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Amid a burgeoning landscape where AI governance becomes increasingly critical, Zurich-based Modulos has successfully closed a CHF 8.7M pre-Series A funding round. The company positions itself to further delve into the AI governance market with advancements that cater to an enterprise scale. As global organizations gear up for compliance with upcoming regulations, Modulos aims to provide a seamless and automated experience for adherence to frameworks, taking into account the complex landscape of AI integrations. This financial boost allows Modulos to enhance its platform as a pivotal tool for risk management and compliance adherence.

Contents
What is the Significance of Modulos’ Funding?How Does Modulos Ensure Compliance?

In 2018, Modulos emerged as a significant player in the AI governance field, aiming to shift perceptions of compliance from daunting tasks to streamlined processes. Historically, AI compliance has often been seen as a secondary concern, where manual interventions were necessary for meeting basic requirements. The landscape is evolving, and Modulos enhances its platform to meet those changing needs. Modulos provides comprehensive solutions accommodating multiple frameworks including the EU AI Act, set to be enforced in August 2026. This adaptability shows a proactive approach aiming to support global compliance.

What is the Significance of Modulos’ Funding?

The successful funding round not only underscores investor confidence but also highlights the importance placed on AI governance. Modulos is now equipped to expand its infrastructure and make a significant impact on the global stage. With the fast-approaching deadlines for compliance and the EU AI Act on the horizon, organizations are urged to adopt systems capable of maintaining compliance. Modulos offers automated solutions simplifying compliance intricacies, reducing potential legal and reputational risks, and ensuring consistent adherence without sacrificing innovation.

How Does Modulos Ensure Compliance?

Modulos ensures compliance through a platform that consolidates different stakeholders—compliance officers, risk managers, and business users—in a unified environment. The platform’s Agentic AI capabilities play a crucial role, automating repetitive tasks and enabling ongoing risk management. Kevin Schawinski, CEO and co-founder, states,

“Organisations can no longer treat compliance as an afterthought.”

Modulos strives to replace the notion of compliance as an inconvenient burden with a manageable, integral part of AI workflows.

The platform, equipped to manage Intelligent Risk Management, Multi-Framework Compliance, and AI-Powered Monitoring, addresses a wide range of challenges associated with governance. By facilitating seamless integration across diverse infrastructures, Modulos ensures organizations can adapt easily to evolving regulations. Kevin Schawinski emphasizes,

“We’re building the infrastructure that will define how responsible AI gets built and deployed at enterprise scale.”

This goal maintains relevance as regulatory frameworks globally become more stringent.

Modulos’ system integrates vital components of MLOps and LLMOps infrastructures, ensuring that compliance measures harmonize with the ongoing evolution in AI standards worldwide. By harnessing AI agents adept in governance monitoring, Modulos remains in alignment with not only the EU AI Act but also other prominent standards such as ISO 42001 and NIST AI RMF. Adapting proactively to these emerging regulations demonstrates Modulos’ commitment to offering robust compliance solutions across various operating environments.

The investment indicates a growing recognition of the need for efficient compliance solutions in a rapidly changing regulatory environment. Such solutions foster trust and facilitate long-term success in AI implementations. Readers interested in AI governance should note that as regulations change, having a proactive compliance strategy in place remains crucial. Companies across various domains find strategic alignment with these efforts to ensure robust AI model deployment without succumbing to potential procedural pitfalls.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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