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20/01/2017
Idinvest's portfolio company, Neurala, an AI startup with ties to NASA, lands $14m in funding
The research activities that NASA's Curiosity rover conducts on Mars are directed from its Jet Propulsion Lab in California, but many navigational decisions are instead relegated to an artificial intelligence that the space agency brought online in 2013. The space agency's efforts to make its rovers more independent traces back many years and has involved not only internal personnel but also other participants, most notably a low-key startup called Neurala Inc. from Boston. After years of flying under the radar, the outfit will burst into the spotlight Wednesday by revealing that it has raised a $14 million funding round. The consortium of investors was led by Pelion Ventures and saw the participation of about a half-dozen other funds, including early Uber Technologies Inc. backer Sherpa Capital and Idinvest Partners, one of the largest venture capital firms in Europe... Read more on www.siliconangle.com




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