Invest in your future
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MODULE 1.0
Invest in your future
 

Whether you are considering an investment in MIND|CONSTRUCT or have been a shareholder for several years or even longer, we are engaged to provide you with the effective information. This will help you to make informed confident decisions about your investment in The Company. With you on our side we will continue to make our vision reality and create a better future.

The groundwork has already been laid by us in realizing the first Unsupervised Autonomous Learning system. The current ASTRID /BRAIN-5 Cognitive Architecture already shows unparalleled capabilities that are a sure promise for the near future.

 

In the coming years the ASTRID technology will make inroads into all facets of our lives. From Decision Support systems that are capable of making morally grounded choices in extremely complex situations, to fully autonomous robotics that can take care of tasks deemed too dangerous for humans. From real autonomous vehicles that can understand what is going on around them, to machines that can take care of situations in an almost human way where needed. When it comes to ASTRID, even the sky is not the limit.

Here at MIND|CONSTRUCT we have always had our sights set on the future with our feet firmly planted in the present. Our strategic objective has always been clear: Build a better Future.

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MODULE 1.1
Project Progress

 

The ASTRID project has several working technologies that already can be implemented to augment other existing technologies. However, we are also very close to reaching the goal of building a full Artificial General Intelligence. The chart below shows the state of our progress in contrast to other major players in the field.

The chart represents seven major scientific and technological areas that are accepted in the field as being important or even necessary for achieving full Artificial General Intelligence.

 

From this chart it should be clear that MIND|CONSTRUCT is far ahead of the competition. Some of these projects are already running much longer than the ASTRID project and several players state to be at least a decade away from a usable AGI system.

We based the status information on other players below on interpretation of the progress information on their respective websites. If you think we misrepresented certain information, then don't hesitate to contact us.

 
  Natural Language World Model Cross-domain Knowledge Transfer Learning Reasoning Analogies Comprehension
  Recognize Natural Language patterns and parse those into structured knowledge. Build a complex World Model from learned information. Combine Cross-domain knowledge to gain new knowledge and insights. Unsupervised learning of available human knowledge. Causal, Temporal and Structural reasoning, based on a complex world-model. Reason with analogous concepts to find new possibilities. Have real-world comprehension and understanding of human values.

MIND|CONSTRUCT
- ASTRID system -

             
Comparison to other Major players in the field of Artificial General Intelligence
Deep Mind (Google)              
IBM - Watson              
AI2 (Allen Institute)              
OpenAI - GPT-3              
Novamente - OpenCog              
Numenta - HTM              
Vicarious - Robotics              

 Legend:

   Working implementation    Research & Development underway    Future planning    No clear direction

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MODULE 1.2
Financial Highlights

 

The information on this page will help you to understand MIND|CONSTRUCT from a financial standpoint.

As The Company grows and evolves, we believe in delivering great value to our shareholders. We launched the ASTRID project in the aftermath of the global financial crisis of 2007-2008, and we weathered the first economic downturn that the 2020 Corona Crisis delivered. So far, we not only survived those hurdles but kept going in creating value for our shareholders.

The Gartner 2020 Hype Cycle (see Organizations below) shows their expectancy of Self Supervised Learning, Responsible AI and Explainable AI are either at the innovation Trigger phase or already at the Peak of Inflated Expectations. At the same time, they expect these technologies to take at least 5-10 years to reach productivity. Considering that MIND|CONSTRUCT has these technologies already functional, paints a clear picture of us being far ahead of the curve.

 

It should be clear that there is a huge First Mover Advantage for the first company that develops a working Artificial General Intelligence. The two important concepts in that statement are 'First' and 'Working'.

Here at MIND|CONSTRUCT we are confident that we are the first company that got this far, we have tackled that first concept in the prediction above. We also tackled the second one, as our ASTRID system is actually working and demonstrating to have most, if not all, of the qualities and capabilities that define a real AGI system.

Because of this fact, we see a very prosperous and successful future for both The Company and our shareholders.

 
  Organizations
  • Forrester Predictions 2021: The Time Is Now For AI To Shine 
  • The Gartner Hype Cycle for Emerging Technologies, 2020 

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MODULE 1.3
Raised Capital

FUNDING BREAKDOWN BY SOURCE

     

FUNDING BREAKDOWN BY ROUND

Pre-Seed Funding 2014 - 2019 (Internally created capital) 360K Euro
Pre-Seed Funding 2014 - 2015 (External Loans) 70K Euro
Seed Funding - First Round 2015 - 2016 60K Euro
Seed Funding - Second Round 2016 - 2017 140K Euro
Seed Funding - Third Round 2019-2020 190K Euro
  Numbers are rounded to the nearest 10K.

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MODULE 1.4
Metrics & Facts

 
   
Headquarters Oosterhout, The Netherlands
CEO Hans Peter Willems
Global Locations Europe (The Netherlands), USA (in planning), Asia (in planning)
Business Domains AGI, Cybernetics, Health, Disaster Response, Aerospace, Transportation, Security
Company founded 2014
Chamber of Commerce Reg. 61352489
VAT registration Tax-exempt
   

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