Zurich-based LatticeFlow, a startup that claims to be the only artificial intelligence (AI) platform that can automatically find and fix AI data and model errors, announced on Friday, October 28, that it has raised $12M (approximately €12M) in a Series A round of funding. With this round, the startup has now raised a total of $14.8M in funding to date.
LatticeFlow says the funds will help expand the capabilities of its platform and respond to growing customer demand as more companies deploy computer vision models at scale.
Investors in this round
The round was led by Atlantic Bridge and OpenOcean, with participation from FPV Ventures and existing investors btov Partners and Global Founders Capital.
Ekaterina Almasque, General Partner of OpenOcean says, “There’s a major bottleneck in bringing AI models built in the lab into production. Despite the exponential growth of AI models, operationalising them is extremely hard. LatticeFlow is addressing this in a unique way with its unstructured data quality analysis and improvement. We’re excited to join the LatticeFlow journey to build a leading automation platform for computer vision deployments, thus accelerating the roll-out of AI.”