Literal Labs Overview
- Year Founded
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2023
- Status
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Private
- Employees
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12
- Latest Deal Type
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Seed
- Investors
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4
Literal Labs General Information
Description
Provider of custom AI models, which benchmarking studies have proven to be orders of magnitude faster, more energy-efficient, and more explainable than neural networks. The company platform provides models that want to replace GPU-heavy algorithms that are too large, expensive, and energy-intensive, for companies that operate in a strict social or regulatory market in which explainability of AI is essential, or for companies needing more efficient AI models for battery-based products.
Contact Information
Website
www.literal-labs.aiCorporate Office
- 3rd Floor Maybrook House
- 27-35 Grainger Street
- Newcastle Upon Tyne NE1 5JE
- England, United Kingdom
Corporate Office
- 3rd Floor Maybrook House
- 27-35 Grainger Street
- Newcastle Upon Tyne NE1 5JE
- England, United Kingdom
Literal Labs Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Seed Round | 30-Dec-2024 | Completed | Product In Beta Test | |||
| 2. Accelerator/Incubator | 17-Oct-2023 | Completed | Startup | |||
| 1. University Spin-Out | 01-Jan-2023 | Completed | Startup |
Literal Labs Comparisons
Industry
Financing
Details
Literal Labs Competitors (1)
One of Literal Labs’s competitors is Edge Impulse, a Formerly VC-backed company based in San Jose, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Edge Impulse | Formerly VC-backed | San Jose, CA |
Literal Labs Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Literal Labs Signals
Growth Rate
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Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Literal Labs Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Dhuna Ventures | Venture Capital | Minority | ||
| Mercuri | Venture Capital | Minority | ||
| Silicon Catalyst | Accelerator/Incubator | |||
| Newcastle University | University |
Literal Labs FAQs
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When was Literal Labs founded?
Literal Labs was founded in 2023.
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Where is Literal Labs headquartered?
Literal Labs is headquartered in Newcastle Upon Tyne, United Kingdom.
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What is the size of Literal Labs?
Literal Labs has 12 total employees.
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What industry is Literal Labs in?
Literal Labs’s primary industry is General Purpose Semiconductors.
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Is Literal Labs a private or public company?
Literal Labs is a Private company.
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What is Literal Labs’s current revenue?
The current revenue for Literal Labs is .
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Who are Literal Labs’s investors?
Dhuna Ventures, Mercuri, Silicon Catalyst, and Newcastle University have invested in Literal Labs.
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Who are Literal Labs’s competitors?
Edge Impulse is a competitor of Literal Labs.
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