Latent AI Raises $19M in Series A Funding

Latent AI, a Menlo Park, CA-based startup building solutions that enable the adaptive edge to transform AI processing, closed a $19m Series A funding.

The round was co-led by Blackhorn Ventures and Future Ventures with participation from Booz Allen Hamilton, Lockheed Martin, 40 North Ventures, Pegasus Tech Ventures and Autotech Ventures. In conjunction with the funding, Philip O’Connor, Managing Partner and Co-Founder at Blackhorn Ventures, will be joining the Latent AI board of directors.

The company intends to use the funds to scale the team and build products.

Led by Jags Kandasamy, CEO, Latent AI is enabling next generation AI factories to deploy AI applications at scale, in a fast manner. The company’s flagship MLOps product, Latent AI Efficient Inference Platform (LEIP), allows compression and optimization of neural nets running on any hardware target in the edge continuum.