Cypris: Why We Invested

The Vocap team is excited to announce our latest portfolio addition, Cypris, an AI-driven research platform tailored for R&D teams. Vocap led Cypris' $5.3 million Series A round, which will fuel the company's go-to-market strategy and accelerate innovation-focused research for global R&D teams.

In recent years, U.S. spending on R&D has surged, surpassing $900B in 2023. The pace of global innovation has left many R&D teams struggling to keep up and many companies still rely on outdated, fragmented solutions to access vital research and intellectual property data. Over the past four years alone, more than 35 million new patents and 50 million new research papers have been published. It can take weeks to get answers to critical strategic & technical R&D questions and missed or poor data can have dramatic, long-term impacts on projects and lead to uninformed decisions.

Cypris is revolutionizing this process with its AI-powered SaaS platform, which aggregates over 550 million patent records, research papers, market news, and company data, making it easily accessible for R&D teams. By leveraging advanced vectoring, semantic search, and large language models, Cypris enables R&D teams to quickly derive insights and conduct research across a wide range of topics. Cypris’ AI platform surfaces, summarizes, and analyzes vast amounts of data, empowering global R&D teams to track key IP, uncover critical insights, and identify new product opportunities more efficiently, ultimately helping them make better decisions.

We couldn't be more excited to partner with Steve, Amir, and the entire Cypris team as they continue to deliver best-in-class solutions to their eager customers. Read more about our Series A investment in Cypris here.