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Stanhope AI raised £2.3m in a seed funding round led by UCL Technology Fund to develop 'agentic AI' mimicking human brain functions.

Mar 20, 2024•over 1 year ago

Amount Raised

£2.3 Million

Round Type

seed

LondonMachine LearningArtificial IntelligenceBiotechnology

Investors

Rockmount CapitalMoonfire VenturesMmc VenturesCreator FundUcl Technology Fund

Description

Stanhope AI, a London-based startup, has secured £2.3m in a seed funding round led by UCL Technology Fund, with participation from Creator Fund, MMC Ventures, Moonfire Ventures, and Rockmount Capital. The funding will support the development of 'agentic AI' aimed at mimicking human brain functions and advancing the capabilities of AI and robotics in real-world scenarios.

Company Information

Company

Stanhope AI

Location

London, England, United Kingdom

About

We are a Deeptech startup leveraging neuroscience, AI and robotics expertise to bring true autonomy to the real world. To contend with the challenges of contemporary AIs, our distinct approach (Active Inference) aims to offer true intelligence with cognitive reasoning (the way the brain does it), and critical human explainability and reliability.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers