# Groundlight AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/groundlight-ai

- Industry: Software
- Headquarters: US
- Website: www.groundlight.ai
- Total disclosed funding: $10M
- Latest round: Seed (Apr 19, 2023)
- Investors on record: 6

## About

Based in the US and founded in 2020 by Leo Dirac (CEO) and Avi Geiger, Groundlight AI, formerly known as Positronix is an artificial intelligence (AI) technology company that specializes in developing advanced algorithms and software solutions for autonomous systems. In April 2023, Groundlight AI raised USD 10 million in seed funding led by investor Madrona Venture Group, with participation from Ascend Venture Capital, Essence VC, Flying Fish Partners, Founders' Co-op, and Greycroft Partners.

The company uses advanced algorithms and software solutions based on machine learning and artificial intelligence to create 3D maps of the environment and identify objects in real-time using sensor data such as images and video feeds. The business provides a platform that can be integrated into software for robotics, industrial automation, process monitoring, retail analytics, and video stream analysis, among other applications.

The company intends to use the April 2023 funding to expand operations and its business reach.

## Funding rounds

- Seed, Apr 19, 2023, $10M — Madrona Venture Group, Greycroft, Founders' Co-op, Flying Fish, Ascend, Essence VC

## Investors

- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Seed
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Seed
- Founders' Co-op (https://capitalatlas.ai/funds/founders-co-op) — Seed
- Flying Fish (https://capitalatlas.ai/funds/flying-fish) — Seed
- Ascend — Seed
- Essence VC (https://capitalatlas.ai/funds/essence-vc) — Seed