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26th April 2019 - 0 comments

AlbionVC leads $5 million seed round for Imandra

Imandra Inc, creator of the Imandra cloud-native automated reasoning engine, has completed a $5 million Seed investment led by AlbionVC, IQ Capital and LiveOak Venture Partners. The capital will be used towards further growth in financial services and fast-growing applications of their AI technology to autonomous vehicles, robotics and machine learning. Imandra democratises deep advances in symbolic AI for making algorithms safe, explainable and fair. Imandra’s “Reasoning as a Service ®” platform makes these techniques widely accessible to those without specialised background in these fields.

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