3 years ago
TOffeeAM Secures £5 Million Series A Funding for Sustainable Machine Design
TOffeeAM, a London-based software company focused on using artificial intelligence to design sustainable machines, secured £5 million in Series A funding
The round was led by Presidio Ventures Europe and East Innovate, with participation from IQ Capital, Exor Seed Type One Ventures, and Excellis
The funding will support global business expansion and building upon their existing customer base, which includes Boeing and several Formula 1 teams
TOffeeAM is an Imperial College London spinout, founded in 2019 by Marco Pietropaoli, Audrey Gaymann and Francesco Montomoli, and is based on research from the university
They specialize in designing green machines with their unique IP.
ProblemTechnology
"designing sustainable machines"
Solution
"using artificial intelligence for machine design"