Octopus Ventures led the pre-seed round to help launch Titan Takeoff.
"We see so many businesses investing heavily in AI, but most struggle to return value from their investments. Machine learning teams are facing a whole host of problems in model deployment – from GPU shortages, to concerns over privacy when deploying through third parties like OpenAI. We’re transforming what was once the most challenging part of the development cycle into the easiest and most efficient, and it’s here where our flagship product, Takeoff, comes into its own"
The Series A round was led by Creandum with backing from Paladin Capital Group and Plural.
"Our vision is for ethical, empathetic AI to enhance how visual content is experienced online. We’ve always focused on how we might be able to use AI to ensure a safer online experience, and keep up with the pace of internet content. This funding enables us to stay at the forefront of video understanding research and fulfil our mission of making the internet better,"
Dimension led the funding round, with participation from A.P. Moller Holding and several returning investors.
"The last two years have been hugely exciting at Automata as we’ve seen LINQ increase the scale of customer workflows as well as meaningfully increasing their ability to generate high quality data – accelerating their pace of discovery and experimentation."
The pre-seed funding comes from venture capital firm Haatch to support platform development.
"We are incredibly excited about the future of BILRS and the opportunity this partnership with Haatch represents. This investment will empower us to enhance our platform’s capabilities, better serve our customers, and continue our mission of enabling purposeful remittance. We are grateful for the confidence that Haatch has shown in our vision, and we look forward to the remarkable progress we will achieve together."
