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19/01/2017
Idinvest's portfolio company, Neurala, raises $14m to expand market for NASA-tested AI into drones and cars
Neurala has raised $14 million in a series A round led by Pelion Venture Partners, bringing the total amount raised by the company to $16 million. Additional Series A investors include Sherpa Capital, Motorola Ventures, 360 Capital Partners, Draper Associates Investments, and Idinvest Partners. Neurala recognised that its software, which mimics the way the human brain learns and analyses its environment, has broader applications. The company is now focused on expanding the market for its software, called the Neurala Brain, so that it can be used in toys, cameras, drones, cars, and other Internet of Things devices to make them more autonomous and interactive...
Read more on www.zdnet.com/




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