Artemis Data has raised $2 million in pre-seed funding to make data cleaning 50 times faster than traditional methods.
Co-founded by William Shi (BASc ’23, mechanical and mechatronics engineering), the company’s software automates the data cleaning process for improved outcomes with artificial intelligence (AI).
Shi and childhood friend Josh Gray co-founded Artemis Data in 2022 and, with the support of Waterloo’s startup incubator hub Velocity, took the product from its initial stages to investor ready.
“Being a technical co-founder I was heads down, building and didn’t have a lot of time to attend Velocity programs but I found that when I needed product or business support, it was available,” Shi says. “I’ve tried building both software and hardware. I’ve always had so many ideas and all I’ve wanted to do is work on them.”
Artemis’ software platform is currently in beta testing with about 30 customers. The funding will go towards expanding the team, product development and onboarding users.
Raven Indigenous Capital Partners led the funding round with participation from Telegraph Hill Capital, Ripple Ventures and other angel investors.
Go to A need for clean: This startup is automating data cleaning to keep up with AI demand for the full story.