kama.ai Announces the Closing of Seed B3 Investment Round

TORONTO – August 12, 2021 – kama.ai is proud to announce the final closing of its seed B3 investment round on July 30th, 2021. Subscriptions were primarily taken up by kama.ai’s existing shareholder group but also included a number of new investors, including 2 First Nations, Chapleau Cree First Nation and Netmizaaggamig Nishnaabeg (Pic Mobert) First Nation.

“We were very pleased to see the ongoing support of our initial investor group, and we were delighted to have support from two First Nation economic development funds,” said Brian Ritchie, founder and CEO of kama.ai.

“It is important that we diversify our investments and that we branch out of traditional resource-based industries. Our people have and need connections to the past, but we also need pathways to the future,” said Marlene Sabourin, President and Board Chair of Netmizaaggamig Nishnaabeg First Nation’s economic development corporation White Lake Limited Partnership. “We are pleased to be able to support kama.ai‘s sustainable and ethical emotional intelligence platform.”

The funds from this investment round will go toward the expansion of the kama DEI platform to achieve higher emotional intelligence, including personality traits, enhanced inference, and natural language generation.

For more information on kama.ai’s Designed Emotional Intelligence™ platform, please visit our website at https://kama.ai/.

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About kama.ai    

kama.ai is an Indigenous-owned, and controlled AI developer and provider of the patented Designed Emotional Intelligence® platform, kama DEI. The platform is a natural language conversational intelligence that lets brands and organizations educate and support their clients with personalized service guided by consumer values like “culture,” “style,” “health,” or “companionship.”

kama DEI fits into the expanding class of technologies known as ‘Emotion AI’ that allow automated interactions to operate more like human ones. End-user clients can access the kama DEI through any medium, including chatbots, FB Messenger, Alexa or mobile phone apps. The result is anytime access to automated, personalized product and service information, while live agents focus on more complex conversations.

Using Kama-as-a-Service, or KaaS, the company’s value-based contextual understanding and conversational intelligence can now be integrated into virtually any chatbot or any backend Robotic Process Automation or AI solution.