Stockholm-based AI platform Rerun has brought in $3.2 million to allow developers to bring AI products to the physical world. The round saw backing from Silicon Valley VC Costanoa Ventures and European seed investor Seedcamp along with a cohort of angel investors.
Rerun will utilise the fresh funds to hire a founding team of developers to build the first version of its product.
Over the past decade, AI and computer vision research have progressed faster than anyone could have imagined. At the same time, the deployment of products in fields like autonomous vehicles, robotics, agriculture, manufacturing, augmented reality, and medical imaging has taken much longer than expected.
Founded by Emil Ernerfeldt, Nikolaus West and Moritz Schiebold, Rerun is attempting to change this. The startup makes complex software understandable by visualising it over space and time in a way that is intuitive for humans. The company claims to help large teams move faster, and small teams get off the ground.