Neurala, a Boston, MA-based vision AI software platform provider, raised $12m in funding.
The round, which brought total invested in Neurala to $26m, was 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.
The company intends to use the funds to advance the development of vision AI for manufacturing.
The company intends to use the funds to expand its global presence.
accelerate adoption of its vision AI in the industrial and manufacturing sectors on a global scale.
Led by Max Versace, CEO and co-founder, Neurala is a vision AI for manufacturing platform. Built on deep AI expertise, the company’s VIA software delivers an integrated solution designed to help manufacturers improve quality inspection on the production line, for increased productivity, accuracy and speed.
This funding follows the launch of Neurala’s subsidiary, Neurala Europe, based in Trieste, Italy.