Vilnius-based B2B data technology and AI startup, Spike, has secured $3.5M in seed funding led by Practica Capital and TheVentureCity.

The investment will support Spike's development of regulatory-compliant Generative AI products for healthcare, wearables, and IoT sensor data.

Spike offers white-labeled SDKs for health professionals and end users, focusing on personalized and preventive health solutions.

Utilizing retrieval-augmented generation (RAG) AI technology, Spike ensures accuracy and reliability in its AI models, distinguishing itself from tech giants like Google and Microsoft.

Spike prioritizes data security and privacy, complying with GDPR, HIPAA, and CCPA guidelines.

The company plans to expand to include electronic health records and genomics data, aiming to revolutionize patient care and healthcare practices.

Investors from Silicon Valley, New York, and Berlin have recognized Spike's technical expertise and market potential in the health industry.