Norwegian researchers to turn "gut feel" into investment using AI

Researchers in Norway will quantify investors' gut feelings into a data program to make it easier for them to find startups.

Project Leader at Katapult Niels Brøgger | Photo: Katapult

Katapult is an investment company focusing on early-stage companies worldwide, and is an organization that works to further investments in companies that value having a societal impact over returns. Now, the company is working alongside digital design company Bakken & Bæch and Seedstars to create an artificial intelligence program which will learn from investors' "gut feel" to find the best investment opportunities.

"Many experienced analysts have built up a gut feel that tells them something about which companies would be good investments. Based on these evaluations and people, the model can learn to do something equivalent," Project Leader at Katapult Niels Brøgger tells AMWatch's sister media FinansWatch, adding:

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