£2.2M
The round was led by Skylake Capital and will support product roadmap acceleration and go-to-market capabilities.
M
MindTrace
MindTrace develops unsupervised artificial intelligence systems for autonomous vehicle collision avoidance.
£3.5MTotal raised
MindTrace is a Manchester-based startup developing advanced artificial intelligence software that mimics human brain functions. The company focuses on creating unsupervised learning systems for autonomous vehicle collision avoidance.
Categories
Team
SY
Sir Yassaie
Chairman of the Board
Hoon Chung
CEO
Hoon is chief executive officer at Mindtrace. He previously held leadership roles at Sensible Vision, Neurala, IntelliVision, and Retailigence Corporation, alongside an executive-in-residence post at EnerTech Capital.
LinkedInMD
Michael Denham
Professor
KD
Kameliya Dimova
Dr
SF
Steve Furber
Professor
HY
Hossein Yassaie
Chair
Investors
- £2.2M
- £1.3M
Funding history
£1.3M
The investment will be used to expand the team and build a prototype collision avoidance system for autonomous vehicles.