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TG0 raised £2M in a corporate funding round led by NetMind to develop AI-powered physical products.

Sep 17, 2024over 1 year ago

Amount Raised

£2 Million

Round Type

seed

LondonMachine LearningArtificial Intelligence

Investors

Net Mind

Description

NetMind has invested £2 million in TG0, a developer of AI-powered human-machine interfaces, to support their product development. The funds will help TG0 scale its technology for applications like smart pressure-sensing insoles and prosthetics.

Company Information

Company

TG0

Location

London, England, United Kingdom

About

TG0 is a London-based AI hardware-tech company that specializes in developing next-generation human-machine interfaces utilizing AI-powered technology. Their patented sensing technology enables innovative interactions through touch, gesture, and pressure-sensitive interfaces across various industries including automotive, medical devices, and consumer electronics. Founded by Ming Kong and Dr. Liucheng Guo, TG0 works to redefine user engagement through smarter and more sustainable solutions. The company's expertise is complemented by partnerships with leading research institutions and a focus on creating customizable AI solutions.

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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