Literal Labs (Pre-Seed)

Funding Details
Awarder
RSS - tech.eu
Date Award
June 02, 2025
Vertical
Artificial Intelligence
Funding URL
View Funding Page
Funding Amount:
$4,600,000

Company Info
Traction
Literal Labs can achieve 54x faster inferencing than classic techniques for machine learning applications, with 52x less energy consumption than equivalent neural networks.
Founders
Dr Alex Yakovlev, Dr Rishad Shafik
Company Description
Developers of logic-based AI model training tools whose algorithms utilise propositional logic, Tsetlin Machine, and data binsarisation.
Market
AI models for EdgeAI applications
Location
Newcastle, United Kingdom
Coinvestors
Northern Gritstone, Mercuri, Sure Valley Ventures, Cambridge Future Tech SPV, several angel investors

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