ETH spin-off LatticeFlow raises USD 2.8m to help build trustworthy AI systems

LatticeFlow, News

19th January 2021

LatticeFlow has raised a USD 2.8m seed funding round led by btov Partners and Global Founders Capital. The funding will be used to accelerate its product development and bring on new customers, as well as making first steps into the U.S. market.

The company, which was founded in 2020 by leading AI reseachers at ETH Zürich, creates tools that help AI teams build and deploy AI models that are safe, reliable and trustworthy. Despite the amazing progress made in the last decade, current AI models can sometimes perform poorly and unpredictably when deployed in the real world, leading to growing concerns about their safety and reliability. Such reliability issues affect the use of AI in virtually all fields – healthcare, engineering, financial services, autonomous cars and many others.

LatticeFlow already has various pilot customers who are using its tools like Swiss railways (SBB), Germany’s Federal Cyber Security Bureau and the U.S. Army. The team is also working with other large enterprises that are using its tools to improve their computer vision models.

Congratulations to Pavol Bielik, Petar Tsankov, Martin Vechev, Andreas Krause and the rest of the team!

Read more here.

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