Exohood Labs secures £88.7m from Livsquare Capital to advance AI and quantum research
The investment from Livsquare Capital will support the development of AI supercomputers and quantum computing research.
Exohood Labs is an artificial intelligence company that develops advanced models for scientific research, government entities, and creative industries. Its proprietary platforms include the Exania research model and the GINETTE graphics engine.
Exohood Labs has secured £88.7m in funding from Livsquare Capital to support its research and development across artificial intelligence, quantum computing, and blockchain technologies. The capital will enable the firm to acquire extensive computational resources required for building AI supercomputers and advancing quantum research.
Founded in 2020 as a non-profit, the organisation transitioned to a profit-limited structure in the UK during 2023 to strengthen its financial sustainability. The hybrid model permits capped returns on investment while directing surplus funds back into its underlying social and technological endeavours.
Use of funds
- 01Fund research and development
- 02Build out infrastructure
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About the company
Exohood Labs
Exohood Labs develops advanced artificial intelligence models for research and creative industries.