News

SRI Ventures raises $3.5M for Latent AI

October 18, 2019

SRI Ventures, a division of research center SRI International, has led a successful funding round of $3.5 million for one of its portfolio companies Latent AI, an AI processing company.  

Latent AI provides a hardware agnostic platform to deploy edge AI neural networks.

"Unlike other venture capital firms and technology incubators, we not only invest capital, but also facilitate the transfer of deep technologies to help bring concepts to life," Manish Kothari, president at SRI International, said in the release.  "Deep technology is the lifeblood of what we do. Working with entrepreneurs and startups in the most complex areas, we leverage SRI's expertise in developing next-generation technologies that can create new markets for startups and accelerate their growth."