The funding round was led by SFC Capital and included participation from several investors such as Bynd Venture Capital, Altair Capital, and notable business angels.

CEO Joã o Pedro Almeida aims to enhance the team and expand services to save Portuguese companies tens of thousands of euros.

The platform enables organizations to utilize AI tools to create teams of AI collaborators that handle repetitive tasks, allowing human workers to focus on more complex responsibilities.

A major health group in Portugal has reported saving 700 hours per month by using Noxus's technology for monotonous tasks.

He highlighted the exceptional skills of Portuguese engineers and the importance of retaining this talent within the country.

Noxus, a luso-British AI startup founded by a team of Portuguese entrepreneurs, has raised $1.5 million in pre-seed funding to enhance its platform and expand operations.

Almeida emphasized the need for the 99% of European firms that consider themselves non-tech companies to leverage AI's potential for enhanced productivity.

Almeida also expressed interest in collaborating with the public sector, particularly in healthcare, where Noxus has relevant experience.

The investment will primarily support the expansion of Noxus's services to more companies, potentially in other regions.

Noxus is exploring partnerships with businesses in Germany, France, and the UK, while currently collaborating with major Portuguese companies.

Noxus specializes in providing AI-driven solutions, including AI-powered process automation, to improve decision-making and streamline workflows.

Noxus has secured contracts across various sectors, including health, finance, and retail, totaling over 100,000 euros.