T-DAB.AI, a London, UK-based deep tech AI company, announced that it closed £495,000 in funding to accelerate the development of its Edge AI platform.
The investment came from private angel investors including Growceanu and non-equity funding from Innovate UK as part of industry collaboration with Domin and the University of Bath.
This round’s funds will bring forward more advanced Federated Learning capabilities, automated Edge ML-Ops, and accelerated deployment mechanisms.
In addition, funds will support the evolution of the sales and marketing functions of T-DAB.AI
Company: T-DAB.AI Ltd
Round: Seed Round
Funding Month: July 2022
Lead Investors: Growceanu and Innovate UK
Company Website: https://t-dab.com/
Software Category: Edge AI platform
About the Company: Founded in 2016 by Eric Topham and Paul Calver, T-DAB.AI is a technology company on a mission to revolutionize the building and transformation of Internet of Things (IoT) powered industrial businesses through decentralized artificial intelligence (AI). T-DAB.AI’s state-of-the-art Edge AI platform will revolutionize AI for IoT applications. It will enable Edge AI to be implemented across IoT infrastructure without the need to move vast volumes of data to the cloud. T-DAB.AI has enjoyed year-on-year growth, winning large global clients across the industrial IOT sector as well as significant funding from Innovate UK. T-DAB.AI set out to solve the common challenges faced by data scientists across the industry to rapidly develop, produce and deploy AI models to the Edge at scale to solve high-value industry use cases. T-DAB.AI’s vision is to serve seamless and massively scalable Federated Learning to the full spectrum of Edge computing, all the way down to the chip.