About Racai
Racai is an Education company based in Romania founded in 1994. Provider of artificial intelligence research and development services. Racai offers products and services including Text Speech Translation Tools, Public Research Results, and Doctoral Programs. Its focus areas include Educational Support Services. Its legal entity is Romanian Academy Research Institute for Artificial Intelligence “Mihai Drăgănescu”.
Company details
Founded in 1994 in Romania, Racai specializes in artificial intelligence research and development within the technology sector. Natural language processing applications for the Romanian language are emphasized. Doctoral programs are delivered, and involvement in national and international projects is pursued. Research findings are published, while collaborations with institutions are sustained. Operations include event organization, result dissemination, personnel management, financial handling, and risk assessment procedures.
- Headquarters Romania
- SectorsEducation
- Website racai.ro
- Legal Name Romanian Academy Research Institute For Artificial Intelligence “Mihai Drăgănescu”
- Latest Funding Round$145.52K (USD), Grant
Jun 2021
- Investors
Products & Services of Racai
Racai offers a comprehensive portfolio of products and services, including Text Speech Translation Tools, Public Research Results, and Doctoral Programs.
Provides tools for text, speech, and language translation services
Offers databases and resources for AI and language studies
Supports advanced studies in artificial intelligence research
Funding Insights of Racai
- Total Rounds 3
- Last Round Grant — $145,519
- First Round $107,286
(Jun 2020)
- Investors Count 1
All 3 funding rounds of Racai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $145,519 | Grant | – | – | |
| Jan 2021 | $18,394 | Grant | – | – | |
| Jun 2020 | $107,286 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Racai
Racai has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Racai
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Racai
3 dated milestones of Racai across 27 years, from founding to its latest funding, stage changes and deals.
- Founded Racai is founded.
- Funding First funding round of $107K.
- Funding Latest funding round, Grant, of $146K.
Web traffic of Racai
The website of Racai (racai.ro) receives about 2.9K visits a month.
- Monthly visits2.9K
▲ 20.8% vs previous month
Websites whose visitors overlap most with Racai. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ici.ro | 73% | 24.9K | #1,056,051 | View details |
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Frequently Asked Questions about Racai
Racai was founded in 1994 and raised its 1st funding round 26 years after it was founded.
Racai is headquartered in Romania.
Founded in 1994 in Romania, Racai specializes in artificial intelligence research and development within the technology sector. Natural language processing applications for the Romanian language are emphasized. Doctoral programs are delivered, and involvement in national and international projects is pursued. Research findings are published, while collaborations with institutions are sustained. Operations include event organization, result dissemination, personnel management, financial handling, and risk assessment procedures.
Racai offers Text Speech Translation Tools, Public Research Results, and Doctoral Programs.
Racai has 1 investor. Key investors include European Union.
Racai operates through Romanian Academy Research Institute For Artificial Intelligence “Mihai Drăgănescu”.