Neuramancer raises €1.7M to bring forensic AI to deepfake detection

The Bavarian startup is targeting insurance fraud first, and sees Europe’s push for explainable AI as a competitive edge

Neuramancer AI Solutions GmbH has closed a €1.7 million pre-seed funding round to accelerate the commercialisation of its deepfake detection platform, with an initial focus on the insurance industry.

The Bavarian startup, which rebranded from Neuraforge,  was founded on the observation that AI-generated media manipulation is not a hypothetical risk.

The German Insurance Association (GdV) has documented billions of euros in annual damages from insurance fraud, a figure the association says is rising as generative AI makes it trivially easy to alter damage photographs and manipulate video calls.

Neuramancer is betting that the harder the problem gets, the more valuable the solution becomes.

The round is led by Vanagon Ventures, with participation from Bayern Kapital, investing through its Innovationsfonds EFRE II, Nuremberg-based ZOHO.VC, and family office Lightfield ...