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British AI startup Literal Labs secures €5.4 million to generate custom AI models

  • British AI startup Literal Labs secures €5.4 million in pre-Seed funding round to grow its engineering team and bring its first commercial product to market later in 2025.
  • Funding round led by Northern Gritstone and co-led by Mercuri, with participation from Sure Valley Ventures, Cambridge Future Tech SPV, and angel investors.
  • Literal Labs' logic-based AI models are faster, more energy-efficient, and explainable than neural networks, catering to companies with specific AI needs.
  • Founded in 2023, Literal Labs is inspired by Mikhail Tsetlin's work, achieving faster inferencing and lower energy consumption compared to traditional machine learning techniques.

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