UKI2S is joined by existing investors Bow Capital, Chrysalix, Momenta and UKI2S in a £8.1m funding round, led by BGF, for UK-based startup Luffy AI. The company is working on a new industrial AI model that is more focused on real-time adaptive control than traditional machine learning models based on large amounts of data.
Luffy’s technology will enable industrial systems to adapt to varying operating conditions without needing constant access to the cloud or the need to retrain models again and again. The new investment will focus on growing partnerships with industrial customers and speeding up commercial deployments.
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