Calvin Risk Secures $4M as Its Mission to Make Enterprise AI Trustworthy Takes Off
November 19 2024
As artificial intelligence (AI) rapidly proliferates across enterprises, rushed mediocre implementations create a series of operational risks: bias, opaque decision-making processes, and unpredictable real-world behaviour. Calvin Risk, a Swiss startup born out of ETH Zurich, has raised $4 million in seed funding to help companies deploy AI safely and manage these risks through automated testing and quantitative risk assessment. The investment round was led by JoinCapital and seed + speed Ventures, bringing total funding to more than $5 million since the company's inception in 2022.