Neurolabs secures £5.8m Series A funding from Nauta to scale visual artificial intelligence platform
The investment round was led by Nauta with participation from LAUNCHub, Lunar Ventures, and Techstart.
Neurolabs builds enterprise image recognition software that uses synthetic data to help consumer goods brands monitor retail inventory. The company operates from London and was established by computer scientists.
Neurolabs has secured £5.8m in a Series A funding round led by Nauta. The investment includes participation from existing backers LAUNCHub, Lunar Ventures, and Techstart.
The capital will be directed towards expanding the computer vision engineering team and broadening commercial reach across British, European, and American markets. The company uses synthetic data and visual artificial intelligence to streamline retail execution for consumer packaged goods brands.
This financing follows recent industry recognition as a fast-growing deeptech startup and brings total investment in the firm to over $12m.
From the founder
"This funding accelerates our vision: applying synthetic data and Visual AI to solve the $800 billion problem of inefficiencies in CPG supply chains. We’re growing our computer vision engineering team and deepening our commercial footprint across the UK, European and US markets. Our platform is already a new benchmark for retail image recognition – this investment enables us to scale that impact globally."
Paul Pop
CEO at Neurolabs
Investor perspective
"The rise of AI-powered products in recent years has been astronomical, but the adoption of truly innovative AI remains a significant challenge – especially at the enterprise level. Neurolabs’ use of synthetic data pipelines is enabling some of the world’s largest CPG brands to rapidly embed Visual AI at the core of their retail operations. This commercial traction, combined with the strength of the technology and the team, has really impressed everyone at Nauta. We’re excited to back Neurolabs at this pivotal stage."
Carles Ferrer
General Partner, Nauta
Use of funds
- 01Grow the team
- 02Expand into international markets
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About the company
Neurolabs
Neurolabs provides visual artificial intelligence technology for consumer goods supply chains.