Stanhope AI, a London, UK-based company applying neuroscience research to teach machines how to make human-like decisions in the real world, raised £2.3M in Seed funding.
The round was led by UCL Technology Fund, with participation from Creator Fund, MMC Ventures, Moonfire Ventures and Rockmount Capital and angel investors.
The company intends to use the funds to expand operations and its development efforts.
Founded in 2021, Stanhope AI leverages neuroscience research to create models that use real-time data to predict what will happen next and make decisions autonomously, without the need for prior training. Instead of training vast LLMs to make decisions based on seen data, Stanhope agentic AI’s models are in charge of their own learning. They autonomously decode their environments and rebuild and refine their “world models” using real-time data, continuously fed to them via onboard sensors.
The company was founded as a spinout from University College London, supported by UCL Business, by CEO Professor Rosalyn Moran (former Deputy Director of King’s Institute for Artificial Intelligence), Director Karl Friston, Professor at the UCL Queen Square Institute of Neurology and Technical Advisor Dr Biswa Sengupta (MD of AI and Cloud products at JP Morgan Chase).
FinSMEs
07/04/2024