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Swedish AI Fund (SAIF) is an NGO with the purpose of providing financial aid, grants, and scholarships globally. SAIF provides the fund to those who are working, researching, and/or involved in the AI industry toward equality, safety, and security in the field of AI.
In 2022, SAIF is funding 100 million Swedish Krona (approx. Euro 10 million) globally. SAIF is expanding fast to reach more countries.
To be eligible to receive funds from SAIF, you need to apply through SAIF’s official partners as well as for the initial Africa funding call this is via The AI Media Group. Also, seeking to fund companies based in Africa primarily at the pre-seed stage who have developed solutions and services that leverage AI.