Flower Labs raises $32 million in a funding round to revolutionize AI training with a federated learning approach.

Feb 29, 2024•over 1 year ago

Amount Raised

$32 Million

StockholmRenewable Energy

Description

Flower Labs, co-founded by Nic Lane, raises $32 million in funding to push its decentralised, federated approach to AI training. The company aims to champion a platform that allows developers to train models on data spread across thousands of devices and locations, using a 'training at the edge' decentralised approach.

Company Information

Company

Flower Labs

Location

Stockholm, Stockholm County, Sweden

About

Flower is Flexible Power. Our vision extends beyond the energy transition, we aim to become the pioneering force powering the energy system of tomorrow. With industry-leading AI software at its core, our service includes stabilizing the energy system by enhancing predictability and flexibility for both energy producers and consumers. By combining pioneering technology with a portfolio of flexible energy assets, we break new ground towards a fossil-free energy system, enabling clean energy to power society.

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Flower Labs raises $32 million in a funding round to revolutionize AI training with a federated learning approach.

Description

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