5 years ago
Opteran Secures £2.1 Million Seed Funding for Natural Intelligence Solutions
Opteran, a Sheffield, UK-based Natural Intelligence company, raised £2.1 million in seed funding led by IQ Capital with participation from Episode1, Join Capital and Seraphim Capital
The company reverse-engineers biological systems onto silicon, enabling machines to see, sense, navigate and make decisions
The funds will be used to build out functionality in the algorithms and chipsets, including launching Opteran Sense for obstacle avoidance and reactive navigation, Opteran Direct for SLAM, Opteran Decide for autonomous decision-making, and Opteran See – a 360 degree camera
Opteran will also expand its engineering and commercial team and launch a Development Kit to enable partners to embed its technology in their applications.
ProblemTechnology
"making autonomous devices see, sense, navigate, and make decisions with smaller, lighter, and more efficient solutions"
Solution
"Opteran's technology, which reverse-engineers biological systems onto silicon, enables autonomous devices to operate off-network without training, with applications such as obstacle avoidance, SLAM, and autonomous decision-making"