Literal Labs
Latest round
- Seed
Last raised
- Dec 2024
Total raised
- $5.8M
Investors
- 4
About Literal Labs
Literal Labs specializes in creating innovative AI solutions that optimize performance and transparency in technology. The company was founded in 2023 and is headquartered in the UK. Literal Labs specializes in the development of logic-based artificial intelligence models that significantly outperform traditional neural networks in speed, energy efficiency, and explainability. Their core product offerings enable low-power AI models to run up to 250 times faster while consuming up to 52 times less energy than conventional models. Designed for deployment on-device and at the edge, these models are applicable across various sectors, including anomaly detection, showcasing 54 times faster inferencing capabilities.Literal Labs generates revenue through a subscription-based model, facilitating transactions directly with businesses that require their AI solutions. Clients typically enter into agreements that include ongoing access to their proprietary logic-based AI models, which can be tailored for various applications. These partnerships enable clients to integrate the technology into their existing systems, enhancing operational capabilities.Literal Labs aims to advance its technology with the development of new products designed for broader applications across multiple industries.
Who invested in Literal Labs
4 investors across 2 rounds
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Questions about Literal Labs
Who invested in Literal Labs?
Literal Labs has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Literal Labs raised?
Literal Labs has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Literal Labs last raise money?
Literal Labs's most recent round on record is a Seed, in Dec 2024.
What does Literal Labs do?
Literal Labs specializes in creating innovative AI solutions that optimize performance and transparency in technology.
Where is Literal Labs headquartered?
Literal Labs is headquartered in UK.
Which VCs invest in companies like Literal Labs?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Literal Labs's stage. Their profiles are linked below.
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