SFC Capital has led a £300k pre seed round in London based construction technology firm Aichitect.
"Having run my own architecture firm for nine years, I’ve been exploring ways to make the delivery processes easier and less costly for everyone involved, I knew there had to be a solution. Since 2022, I’ve explored the vast number of issues each stakeholder might come up against and, along with my co-founder and CTO Mike De’Shazer, we’re building a better way of doing things in the future for each individual company, freelancer and homeowner. We’re really proud of what we’ve achieved so far. We’re thrilled to have received the backing of SFC Capital and look forward to continuing to develop and enhance our offering which ultimately is a solution to de-risk the planning, design, costing and building of all types of construction projects, which in today’s world, where budgets are tighter than ever, we know Aichitect will be a valuable asset to many in the industry."
The London-based deep tech startup secured backing from Amadeus Capital Partners, Sure Valley Ventures, and Professor Steve Young to expand its engineering team and refine its neural network training technology.
"We are thrilled to be backed by such experienced investors, and having a seasoned entrepreneur and AI pioneer like Professor Steve Young as our chair is a true privilege. Current approaches to training LLMs and other neural networks are extremely wasteful across multiple dimensions. Our unique solution tackles this inefficiency head-on, with the potential to radically reduce both the cost and time required to train and optimise state-of-the-art models. As we prepare to deliver our first products later this year, we are incredibly excited to embark on the next chapter of our journey—and to help shape the ongoing AI revolution by transforming AI optimisation."
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