Exclusive: AI for patent filings startup Ankar secures $20 million Series A round | Fortune
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Exclusive: AI for patent filings startup Ankar secures $20 million Series A round | Fortune
"Ankar was founded by Tamar Gomez and Wiem Gharbi in 2024. The pair met while working at Palantir, where they both encountered the time-consuming process of trying to obtain patents for new technology. Gomez, who has a business background, worked as a development strategist for Palantir, while Gharbi, who is a data scientist by training, worked on machine learning applications."
"The new funding for Ankar comes as intellectual property has become increasingly critical to corporate value. Intangible assets like IP now represent up to 90% of the value of S&P 500 companies, according to the World Intellectual Property Organization. Yet the systems for protecting those assets remain stubbornly outdated, according to Gomez and Gharbi, who say they witnessed how time-consuming and difficult it is to obtain a patent when they were working at Palantir."
Ankar, a London-based startup, raised $20 million in Series A funding led by Atomico with participation from Index Ventures, Norrsken, and Daphni. The company previously closed a £3 million seed round led by Index with support from Daphni and Motier Ventures. Founders Tamar Gomez and Wiem Gharbi met at Palantir and drew on frustrating, time-consuming patent processes there to build AI tools for filing and managing patents. The name Ankar references a powerful knight from pre-Islamic poetry. The startup aims to transform IP from a cost center into a strategic, competitive corporate asset as intangible assets make up most company value.
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