OctaiPipe

Trustworthy AI for IoT 💫

General Information
Company Name
OctaiPipe
Founded Year
2016
Location (Offices)
London, United Kingdom +1
Founders / Decision Makers
Number of Employees
23
Industries
AI, Analytics, IoT +1
Funding Stage
Series A
Social Media

OctaiPipe - Company Profile

OctaiPipe, founded in 2016, is a Federated Learning Operations (FL-Ops) platform based in United Kingdom. The startup's slogan "Trustworthy AI for IoT 💫" encapsulates its commitment to providing reliable AI solutions for the Internet of Things. OctaiPipe's tailored platform aims to streamline the entire lifecycle of Edge AIoT devices, from effortless setup and training to seamless deployment, fine-tuning, and continuous learning. In its most recent funding round on 23 January 2024, OctaiPipe secured a significant investment of £3.00M. The investment was led by a consortium of prominent venture capital firms, including SuperSeed, Forward Partners, Martlet Capital, D2 Investments, Deeptech Labs, Atlas Ventures, and Future Impact Fund. This substantial financial backing reflects the confidence of these investors in OctaiPipe's innovative approach to Federated Learning Operations. With a focus on Information Technology and the Internet industries, OctaiPipe is well-positioned to capitalize on the growing demand for AIoT solutions. The startup's ability to enable data scientists to build distributed IoT solutions at scale while minimizing management overhead and ensuring continuous adaptability sets it apart in the competitive AI market. Overall, OctaiPipe's recent investment and its innovative FL-Ops platform showcase its potential to make a significant impact in the AIoT space, making it a noteworthy company for venture capitalists seeking opportunities in the dynamic intersection of AI and IoT.

Taxonomy: Federated Learning Operations, Edge AIoT devices, IoT solutions, Data Engineering, Edge MLOps, Trustworthy AI, Scalable AI

Funding Rounds & Investors of OctaiPipe (5)

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Funding Stage Amount No. Investors Investors Date
Grant £500.00K 1 23 Jan 2024
Series A £3.00M 3 23 Jan 2024
Venture Round Unknown 1 26 May 2023
Seed Round £495.00K 3 Growceanu Angel Investment 21 Jul 2022
Grant Unknown 1 21 Jul 2022

Latest News of OctaiPipe

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