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Neurala Raises $12 Million To Scale Artificial Intelligence For Industrial Manufacturing

Jun 24, 2021•about 4 years ago

Amount Raised

$12 Million

Boston

Description

Today, Neurala, the leader in vision AI software, announced that it has raised $12 million in funding to advance the development of vision AI for manufacturing. The round, led by Zebra Ventures and Pelion Venture Partners, with participation from Draper Associates, Friulia, AddValue, 360 Capital Partners, Idinvest Partners, Cougar Capital, and industrial investors IMA and Antares Vision, brings the total invested in Neurala to $26 million.

Company Information

Company

Neurala

Location

Boston, Massachusetts, United States

About

Neurala is a pioneer in vision AI software. On a mission to make AI more applicable and useful in real-world applications, Neurala helps industrial companies improve their quality inspection process, with technology that dramatically reduces the time, cost and skills required to build and maintain production-quality custom vision AI solutions. Founded in 2006, Neurala’s research team invented Lifelong-DNN™ (L-DNN) technology, which lowers the data requirements for AI model development and enables continuous learning in the cloud or at the edge. Neurala is headquartered in Boston, MA with a European subsidiary in Trieste, Italy. Follow Neurala on Twitter (@Neurala) and on Facebook, YouTube and LinkedIn. For more information about Neurala’s AI software, request a demo.

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