Luffy AI secures Series A funding from Momenta to advance industrial optimisation technology.
Momenta led the Series A round to support the company in expanding its customer base and exploring new industrial applications.
Luffy AI builds adaptive artificial intelligence systems for industrial control applications. Its neuroplasticity driven framework allows control systems to learn and adapt continuously at the edge.
Luffy AI has secured Series A funding from Momenta to advance its industrial control technology and expand its market reach. The investment marks the third backing from Momenta's Digital Industry Fund IV, aimed at scaling innovative industrial solutions.
The Cambridge-based company develops adaptive artificial intelligence designed to improve operational outcomes and lower maintenance costs across sectors such as manufacturing, petrochemicals, and aviation.
From the founder
"We are thrilled to partner with Momenta, a VC that truly grasps the industrial marketplace and the potential of Adaptive AI. Given Momenta’s well-established reputation, extensive connections, and deep experience with industrial innovation, they are the ideal partner for Luffy’s next growth phase. This investment will enable us to expand our customer base and explore new industrial applications."
Matthew Carr
Co-founder and CEO at Luffy AI
Investor perspective
"We chose to invest in Luffy because of their team’s deep expertise in industrial control and AI. Their solution aligns with our investment focus on adaptive industrial systems capable of learning and adjusting to dynamic environments, from automation to autonomy,"
Michael Dolbec
Managing Partner, Momenta
Use of funds
- 01Expand into international markets
- 02Invest in sales and marketing
Investors
Categories
About the company
Luffy AI
Luffy AI develops adaptive artificial intelligence for industrial control and optimization.