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5 Reasons Why Needham Is Adding Overstock To Conviction List

5 Reasons Why Needham Is Adding Overstock To Conviction List
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Startup Funding: June 2021

Startup Funding: June 2021
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Neurala Raises $12 Million to Scale Artificial Intelligence for Industrial Manufacturing

Neurala Raises $12 Million to Scale Artificial Intelligence for Industrial Manufacturing New funding will accelerate the development and commercialization of easy-to-use AI for industrial quality inspections BOSTON, Massachusetts June 28, 2021 Today, Neurala, the leader in vision AI software, announced that it has raised $12 million in funding to advance the development of vision AI for manufacturing. The round, led by Zebra Ventures and Pelion Venture Partners, with participation from Draper Associates, Friulia, AddValue, 360 Capital Partners, Idinvest Partners, Cougar Capital, and industrial investors IMA and Antares Vision, brings the total invested in Neurala to $26 million. The funding will enable Neurala to evolve and accelerate adoption of its vision AI in the industrial and manufacturing sectors on a global scale, as manufacturers increasingly prioritize automation as part of Industry 4.0 initiatives.

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