PROWLER.io raises £10m for its new AI decision-making platform

Artificial intelligence startup PROWLER.io has announced today (September 5) that it has raised £10m in Series A funding to deploy the first principled AI decision-making platform.

The round has been led by Cambridge Innovation Capital, an investor in technology and healthcare companies. The money will be used to expand the company’s team of researchers as well as continuing to develop and commercialise its platform.

PROWLER.io’s decision-making platform makes it possible to perceive and affect the ways agents, like vehicles, robots and gaming characters and humans, interact in complex environments.

The company’s CEO and co-founder Vishal Chatrath, commented: “This investment will allow us to expand our team of academics with even greater research muscle and will enable us to take further steps to bring our technology to market.

“As a team, we are ready and eager to take the business to the next stage and continue solving some of the hardest machine learning problems to deliver the world’s first principled AI-decision making platform.”

The platform specialises in machine learning, reinforcement learning, decision theory to multi-agent systems and game theory with a team of experts.

Co-founder and CTO, Dongho Kim, said: “Many of the big names in our space are narrowly focused on finding uses for their big data - which means they’re feeding huge amounts of data to deep learning neural networks.

“We are the first company to employ a full range of mathematical and learning principles to design and implement accessible, interpretable dynamic systems that can be good use of smaller datasets.”

Atlantic Bridge Capital, a global tech fund which invests in high-growth technology companies, also invested in the platform, whilst existing investors Passion Capital, Amadeus Capital Partners and SGInnovate reiterated continued support for the company by participating in the round.

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