The Patent Revolution: Chekable's AI Platform Transforms Intellectual Property Management

July 27, 2024, 1:54 am
NEC Corporation (Global)
NEC Corporation (Global)
Employees: 10001+
In the fast-paced world of technology, innovation is the lifeblood of progress. The patent process, however, often feels like trudging through molasses. It’s complex, time-consuming, and riddled with inefficiencies. Enter Chekable, a startup that aims to change the game. With its new generative AI platform, Chekable is set to streamline the patent filing process, making it faster and more efficient for attorneys and inventors alike.

Chekable recently graduated from NEC X’s Elev X! Ignite venture studio program, a significant milestone that comes with a fresh investment from NEC X. This partnership is more than just financial backing; it’s a launchpad for Chekable’s ambitious vision. The startup’s co-founders, Nipun Kumar and Ashutosh Chapagain, bring a wealth of experience to the table. Kumar has authored over 60 patents, while Chapagain specializes in natural language processing. Together, they are poised to tackle the labyrinthine world of patents.

The current patent application process is notorious for its delays. It can take years to complete a filing, leaving inventors in limbo. Chekable’s platform promises to cut that time by up to 70%. Imagine a world where patent applications are drafted in a fraction of the time. This is not just a dream; it’s a reality that Chekable is working to create.

Chekable’s platform is designed to automate the tedious aspects of patent applications. It generates documents, searches for potential infringements, and even connects inventors with patent professionals. This end-to-end solution is a game changer. It’s like having a personal assistant who knows the ins and outs of patent law, ready to streamline the process at every turn.

The technology behind Chekable is impressive. It adheres to local jurisdiction language requirements, ensuring that applications are not only accurate but also compliant. The platform employs robust semantic search capabilities, allowing users to monitor potential infringements effectively. This level of sophistication is rare in the patent management space.

NEC X’s support has been instrumental in Chekable’s development. The Elev X! Ignite program provided the startup with funding, mentorship, and access to NEC’s extensive ecosystem. This collaboration has allowed Chekable to refine its technology and prepare for market entry. The startup was selected from over 140 applicants, a testament to its potential and the strength of its founding team.

As Chekable prepares to launch its platform, the implications for patent professionals are profound. Corporate in-house IP teams, boutique patent law practices, and multi-practice law firms will all benefit from the efficiencies gained through this technology. The traditional barriers that have long plagued the patent process are beginning to crumble.

The patent landscape is evolving. As more inventors seek protection for their innovations, the demand for efficient patent management solutions will only grow. Chekable is at the forefront of this shift, ready to meet the needs of a changing market. The startup’s vision is clear: to redefine the patent process and make it more accessible for everyone involved.

The journey of Chekable is just beginning. With NEC X’s backing and a groundbreaking platform, the startup is poised for rapid growth. The patent process, once a daunting task, is on the brink of transformation. Chekable’s innovative approach could very well set a new standard in the industry.

In a world where time is money, Chekable’s solution offers a way to reclaim both. By automating the patent filing process, the platform frees up valuable resources for inventors and attorneys. This newfound efficiency allows them to focus on what truly matters: innovation.

As Chekable prepares to roll out its platform, the excitement in the air is palpable. The potential for change is immense. Patent professionals are eager for a solution that simplifies their workflows and enhances their productivity. Chekable is ready to deliver.

In conclusion, Chekable’s generative AI platform represents a significant leap forward in patent management. With its innovative technology and strong support from NEC X, the startup is set to revolutionize the patent process. The future of intellectual property management is bright, and Chekable is leading the charge. As the patent landscape continues to evolve, one thing is clear: the days of cumbersome filings and lengthy delays are numbered. Chekable is here to change the game, and the world of patents will never be the same.