IN THE NEWS

  • BOSTON BUSINESS JOURNAL

    ‘Brains for bots‘ startup Neurala gets $14M to put A.I. in drones, toys, cars and cameras. Boston-based Neurala, which makes artificially intelligent visual systems, has raised $14 million in a Series A round of funding as it turns the corner from a startup focused on developing cutting-edge technology to one focused on expanding its market presence. READ MORE

  • Bostinno

    Neurala Closes $14M for Its A.I. ‘Brain’ Software Neurala, the Boston-based company that’s developed The Neurala Brain, announced it has closed $14 million in Series A funding. The round was led by Pelion Ventures, with participation from Sherpa Capital, Motorola Ventures, SK Ventures, Idinvest Partners, as well as previous investors 360 Capital Partners and Draper Associates Investments. …READ MORE

  • siliconangle

    Neurala, an AI startup with ties to NASA, lands $14M in funding The research activities that NASA’s Curiosity rover conducts on Mars are directed from its Jet Propulsion Lab in California, but many navigational decisions are instead relegated to an artificial intelligence that the space agency brought online in 2013.  

  • dronelife

    Neurala Raises $14 million in Funding, “Neurala Brain” Will Let Drones Learn on the Job Boston-based deep learning company Neurala, creators of “The Neurala Brain,” has closed on a $14 million series A funding round.

  • finsmes

    Neurala Raises $14M in Series A Funding Neurala, a Boston, MA-based developer of a deep learning neural networks platform to make smart products more autonomous, interactive and useful, closed a $14m Series A funding round.

  • sdxcentral

    Deep Learning Startup Neurala Raises $14M Neurala hasn’t been on the radar in IT circles, because its work so far has targeted vision-related tasks such as collision avoidance or routine visual inspections (think cell towers). For example, its software can control a drone to take your picture from a distance — a hands-free selfie.

  • mergermarket

    Neurala will consider opportunistic M&A with new funding, executives say Neurala, a Boston-based artificial intelligence software company, will consider opportunistic M&A as it seeks to scale quickly with new private equity backing, officials said.

  • Robot consumer

    Deep Learning AI for NASA Powers Earth Robots Massimiliano “Max” Versace traces the birth date of his startup to when NASA came knocking in 2010. The U.S. space agency had caught wind of his military-funded Boston University research on making software for a brain-inspired microprocessor through an IEEE Spectrum article, and wanted to see if Versace and his colleagues could help develop a software controller for robotic rovers that could autonomously explore Mars. – See more at: http://robotconsumer.com/deep-learning-ai-for-nasa-powers-earth-robots/#sthash.m3MbaBaA.dpuf

  • ACCESS AI

    Things taking off for NASA backed AI firm Neurala after $14m cash boost This is the ambition of Neurala founder and CEO Massimiliano (Max) Versace – second cousin of the late fashion label designers Donatello and Gianna Versace – whose AI firm has received $14 million in Series A funding to help accelerate its growth and expansion plans.

  • builtin boston

    How Neurala’s software makes drones, toys and self-driving cars smarter Dr. Max Versace was sitting at a coffee shop with two other Boston University graduate students when he predicted the future. Versace (pictured below, right), who was studying cognitive and neural systems, pulled out his cell phone, pointed at it and said, “One day this will have a processor strong enough to do the computations necessary for artificial intelligence software.”

  • in compliance mag

    Boston Startup Raises Funds to Enable Deep Learning in Autonomous Vehicles Is artificial intelligence on its way to mass production? One startup sincerely hopes so; and they’re investing big money in the hopes that AI vehicles are the wave of the future.

  • machine design

    Deep-Learning Software Company Closes $14-Million Funding Deal Neurala announced closure of a $14-million deal for Series A funding toward its Neurala Brain software used in deep-learning neural networks.  The capital was raised to accelerate servicing to Neurala’s growing customer base and to develop more ways to integrate the software into more applications like autonomous cars, drones, interactive toys, and smart products that need to use deep learning to identify features in their environment.

  • ASSOCIATED PRESS / THE BIG STORY

    High-tech Boston area in legal bind on driverless-car tests PROVIDENCE, R.I. (AP) — With its Colonial-era street patterns, icy winters, notoriously aggressive drivers and high-tech talent, the Boston region would seem the perfect place to test self-driving cars and ensure they can handle anything thrown at them. But the area, and indeed the entire Northeast, has no law outlining how the technology should be driven and tested. And lawmakers who want to respond are being spurned by leaders of the fast-growing industry, who would rather have no rules than a patchwork of state laws getting in their way.

  • MASS LIVE

    Is Massachusetts ready for self-driving cars? Bay State becoming research hub for burgeoning industry If a pedestrian is about to step into the street, how does a self-driving car know to begin braking? If a semi-autonomous car gets into a dangerous situation while the driver is checking his email, how should the car alert the driver to pay attention?

  • NEW BOSTON POST

    Cars of the future are being perfected right here While flying cars may never be as ubiquitous as the automobile, autonomous vehicles may make human drivers obsolete. As Roger Matus, a vice president at Boston-based tech company Neurala, told Schoenberg, “The real question that a lot of people are asking is, ‘In 50 years, will you be allowed to drive your own car?’”

  • BOSTON BUSINESS JOURNAL

    Neurala lands $750k from venture capitalist Timothy Draper to make robots smarter Neurala, a Cambridge-based startup that aims to build software to make robots smarter, announced Wednesday it has closed a $750,000 seed round led by Silicon Valley venture capitalist Timothy Draper.

  • BOSTON BUSINESS JOURNAL

    Exclusive: Boston firm’s tech adds artificial intelligence to drone cameras “(We want to) automatize the way people use flying cameras,” said Massamiliano Versace, CEO and co-founder of Neurala, in an interview.

  • TECH TIMES

    This App Lets You Take Selfies With A Drone It’s an app where drones meet selfies: Neurala, a company that produces patent-pending software, has created an iOS- and Android-friendly program that lets users take selfies with their drones. As a Boston-based tech-oriented creative firm with an aim to produce devices with “brains” and machines with a sense of autonomy, a drone selfie app certainly falls into that brand. – See more at: http://www.techtimes.com/articles/107903/20151117/neurala-app-takes-selfies-with-drone.htm#sthash.SWBdB4oc.dpuf

  • NEW SCIENTIST

    Robots with human-like brains to take on Mars unaided Processors used in gaming and supercomputers could give robots much more human-like minds, enabling them to navigate the skies and explore Mars autonomously

  • FAST COMPANY

    I Attended A Conference Remotely Thanks To This Robot (And It Was A Very Strange Experience) It’s just another morning for me in my Los Angeles apartment. When I get out of bed on November 18, I put on a flannel shirt, a large sweater, and sweatpants. I spread almond butter and grape jelly on a pita. I make coffee.

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