LGN Innovations raises £1.5m in seed funding from Trucks Venture Capital, Luminous Ventures and Jaguar Land Rover to scale edge artificial intelligence.
The seed round was backed by Trucks Venture Capital, Luminous Ventures and Jaguar Land Rover.
LGN Innovations helps businesses scale resilient edge artificial intelligence systems to operate and learn in real world environments. The company works with automotive, agricultural and industrial manufacturing multinationals.
London based start up LGN Innovations has secured £1.5m in seed funding to advance its work in edge artificial intelligence. The investment comes from Trucks Venture Capital, Luminous Ventures and Jaguar Land Rover. The company will use the capital to support its mission of deploying artificial intelligence systems into real world environments.
From the founder
"AI has huge implications for the way businesses operate, yet so much of the modelling is done in carefully controlled test environments. When deployed in real world situations, anomalies always occur, which disrupts lab-grown models and undermines companies’ efforts to revolutionise how they use autonomous systems effectively. By scaling edge AI, optimising the endpoints collecting the data, and making models more resilient, we are radically accelerating learning and, in doing so, giving our customers a competitive advantage in a crowded marketplace."
Daniel Warner
CEO at LGN Innovations
Investor perspective
"For automated vehicles to go mainstream we need edge AI to not just work, but to work at scale. LGN’s commitment to enabling resilient models that can be deployed at a fleet level is going to be critical to realising the vision so many are moving towards."
Reilly Brennan
General Partner, Trucks Venture Capital
Investors
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About the company
LGN Innovations
LGN Innovations develops technology to help enterprises scale resilient edge artificial intelligence systems.