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17/01/2017
Idinvest's portfolio company, Neurala, closes $14m Series A funding round
Artificial intelligence software firm Neurala cut its teeth developing technology for government entities, including working on advanced navigation software for NASA's planetary exploration robots. Investors are bullish on Neurala's prospects. The Boston-based company recently closed a $14 million Series A funding round. Xconomy reported the investment in late December, based on an SEC filing, but Neurala is sharing more details about the deal this week. Pelion Venture Partners led the round. Earlier Neurala backers 360 Capital Partners and Draper Associates also contributed, along with Sherpa Capital, Motorola Solutions Venture Capital, SK Ventures, and Idinvest Partners. Idinvest participated in the round through its Electranova Capital II Fund and in partnership with Ecomobility Ventures... Read more on www.xconomy.com




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