4 years ago
Net AI Secures $1 Million Pre-Seed Funding to Advance 5G Network Intelligence
Net AI, a Scottish network intelligence company utilizing AI to enhance 5G network provider efficiency and profitability, has secured $1 million in pre-seed funding
The round was led by Techstart Ventures with participation from Nauta Capital, Creator Fund, Old College Capital, and Edinburgh Technology Fund
The funding will be used to expand the team, accelerate product development and market introduction, and protect company intellectual property
Founded as a spin-out from The University of Edinburgh, Net AI has developed Microscope technology, an AI and cloud computing-powered tool offering real-time insights into network demand, enabling 5G telecom providers to analyze traffic and allocate computing power efficiently.
ProblemTechnology
"5G network providers have no real-time insights into network demand, leading to inefficient allocation of computing power and decreased profitability."
Solution
"Net AI's Microscope technology uses AI and cloud computing to give 5G telecom providers real-time insights into network demand, enabling them to analyze traffic and allocate computing power effectively."