Literal Labs just secured €5.4 million in a pre-Seed funding round. The Newcastle-based AI algorithm company aims to expand its engineering operations.
Investors are backing the move to ramp up development on their logic-based AI solutions. The company is focused on enhancing its offerings and scaling its team.
The funding signals strong confidence in the growing AI sector.
“This investment will enable us to enhance our technology and support our ambitious growth plans,” said a company spokesperson.
Expect updates as Literal Labs continues to evolve.
