Neurala Raises $12 Million to Scale Artificial Intelligence for Industrial Manufacturing

BOSTON--(BUSINESS WIRE)--Today, Neurala, the leader in vision AI software, announced that it has raised $12 million in funding to advance the development of vision AI for manufacturing. The round, led by Zebra Ventures and Pelion Venture Partners, with participation from Draper Associates, Friulia, AddValue, 360 Capital Partners, Idinvest Partners, Cougar Capital, and industrial investors IMA and Antares Vision, brings the total invested in Neurala to $26 million. The funding will enable Neurala to evolve and accelerate adoption of its vision AI in the industrial and manufacturing sectors on a global scale, as manufacturers increasingly prioritize automation as part of Industry 4.0 initiatives. Neurala is a pioneer in vision AI for manufacturing. Built on the company's deep AI expertise, Neurala's VIA software delivers an integrated solution designed to help manufacturers improve quality inspection on the production line.