The Company and Our Investment
True Knowledge Ltd is a pioneer in a new class of internet search technology that is aimed at dramatically improving the experience of finding known facts on the Web. The Company's first service - the True Knowledge Answer Engine - is a major step towards fulfilling a longstanding internet industry goal: providing consumers with instant answers to complex questions, with a single click.
True Knowledge provides an information service to any person or application connected to the internet, via computer or mobile phone. The Company is building a language-independent open domain question-answering platform that it believes is a radical improvement in the broad field of web-based information search and retrieval such as that provided by Google, Ask and Yahoo!.
The unique functionality of True Knowledge's product combined with the strength and technological expertise of the team presents an extremely compelling investment proposition with the potential for outstanding returns. The Company required investment for commercial development, key staff recruitment and further knowledge addition to the database.
"Both the financial support that Octopus Ventures and their investors have provided and the wealth of industry expertise that has been made available to us through their Investor Group has undoubtedly accelerated our progress and opened many doors in the last year. We are incredibly grateful for their continued support."
William Tunstall-Pedoe, CEO, True Knowledge