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UK AI startup TitanML raises €2.6M led by Octopus Ventures

London-based AI startup TitanML has secured €2.6 million in pre-seed funding led by Octopus Ventures alongside deep tech-focused angel investors.

The funding round is timed with the public launch of Titan Takeoff, an AI-powered tool designed to make large language model (LLM) deployment faster, cheaper, and easier for machine learning teams.

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Image Credit TitanML

TitanML’s technology aims to solve the issue of slow and expensive LLM deployment. The company’s solution, Titan Takeoff, is designed to streamline the deployment process, making it more accessible for machine learning teams. The funding round was led by Octopus Ventures, a leading European venture capital firm, and includes participation from deep tech-focused angel investors.

The €2.6 million pre-seed investment is a significant milestone for TitanML, which plans to use the funds to accelerate the development of its technology and expand its team. The company’s innovative approach to LLM deployment has the potential to transform the AI industry, and the funding round is a testament to the strength of its technology and the confidence investors have in its future success.

About TitanML

Titan Takeoff

TitanML is a London-based AI company that recently secured €2.6 million in pre-seed funding led by Octopus Ventures alongside deep tech-focused angel investors. The round coincides with the team’s public launch of Titan Takeoff, which makes large language model (LLM) deployment significantly faster, cheaper and easier for machine learning teams.

The Founders

TitanML was founded by Meryem Arik, CEO and Co-Founder, a University College London (UCL) and Oxford alumna, and Dr. James Dborin and Dr. Fergus Finn. The team boasts extensive experience in deep learning, AI, and natural language processing.

Meryem Arik is a seasoned entrepreneur with a background in engineering, data science, and AI. She previously co-founded and served as CEO of an AI-powered startup that was acquired by a Fortune 500 company.

Dr. James Dborin is a data scientist with a PhD in Computer Science from UCL. He has experience in developing and deploying machine learning models in production environments.

Dr. Fergus Finn is a machine learning engineer with a PhD in Natural Language Processing from UCL. He has experience in developing and deploying deep learning models for natural language processing tasks.

Launch and Deep Learning

TitanML’s deep learning deployment platform empowers enterprises to unlock the true value of AI investment by making LLM deployments significantly faster, cheaper, and easier. Titan Takeoff provides a streamlined solution for machine learning teams to deploy LLMs, which are large neural networks that can process vast amounts of data and learn complex patterns.

With the launch of Titan Takeoff, TitanML aims to revolutionize the AI industry by making LLM deployment accessible to a wider range of businesses and organizations. The company’s mission is to democratize AI and make it more accessible to everyone.

Overall, TitanML is an exciting AI company with a talented team of experts in deep learning and natural language processing. With the recent funding round and the launch of Titan Takeoff, the company is poised for growth and innovation in the AI industry.

The Funding Round

UK-based AI company TitanML has raised €2.6 million in a pre-seed round of funding. The round was led by Octopus Ventures, a multi-stage venture capital investor, and included participation from deep tech-focused angel investors.

Lead Investor

Octopus Ventures, a venture capital investor, led the pre-seed round of funding for TitanML. Octopus Ventures is known for investing in high-growth companies in the areas of health, fintech, and deep tech.

Other Participants

In addition to Octopus Ventures, the pre-seed round of funding for TitanML included participation from deep tech-focused angel investors. The investors were attracted to TitanML’s deep learning deployment platform, which empowers enterprises to unlock the true value of AI investment by making large language model (LLM) deployments significantly faster, cheaper and easier.

TitanML plans to use the funding to further develop its platform and expand its team. The funding comes as the company publicly launches Titan Takeoff, which makes LLM deployment significantly faster, cheaper and easier for machine learning teams.

Overall, the pre-seed round of funding is a significant milestone for TitanML and demonstrates the confidence that investors have in the company’s technology and vision.

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