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12th October 2020 - 0 comments

Edgify raises $6.5m funding from Octopus and Mangrove Capital

Edgify, a company building AI training frameworks at the edge, has secured a $6.5m seed funding round backed by Octopus Ventures, Mangrove Capital Partners and a semiconductor giant.

Edgify’s technology enables any connected device - known as ‘edge devices’ - to interpret vast amounts of data generated at the edge, train a complete AI model locally, and proceed to share that learning across an entire network of similar devices, thereby training them all to identify unique aspects of a given object for use of computer vision, NLP, voice recognition and any other form of AI. 

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