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Cambridge AI startup PROWLER.io raises £10m Series A

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Artificial intelligence startup PROWLER.io has raised £10m in Series A funding from Cambridge Innovation Capital and Atlantic Bridge Capital. The Cambridge startup has created a principled AI decision-making platform that makes it possible to perceive and affect the ways the likes of vehicles, drones, robots, characters in games and even people interact in complex environments. Its core technology is founded on a combination of probabilistic modeling, machine learning and game theory, which means its decisions are based on interpretable principles. Passion Capital, Amadeus Capital Partners and SGInnovate participated in the round alongside Atlantic Bridge Capital and lead investor Cambridge Innovation Capital. "This investment will allow us to expand our already world-leading team of academics with even greater research muscle and will enable us to take further steps to bring our technology to market," said PROWLER.io CEO Vishal Chatrath.


AI startup PROWLER.io attracts seed funds - PE Hub

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UK-based artificial intelligence startup PROWLER.io has raised 1.5 million pounds in seed funding. The investors were Passion Capital, Amadeus Capital and Infocomm Investments. Cambridge, UK – 30th September, 2016 – Cambridge-based startup PROWLER.io has secured 1.5 million in seed investment to fund development of its sophisticated decision-making AI engine designed to revolutionise autonomous system design. This 1.5 million investment will enable PROWLER.io to build a prototype version of its platform with select partners. Initially the company will target games developers, with numerous other sectors to follow.