Neurala raises $14m to expand market for NASA-tested AI into drones and cars
Neurala has raised $14 million in a series A round led by Pelion Venture Partners, bringing the total amount raised by the company to $16 million. Additional Series A investors include Sherpa Capital, Motorola Ventures, 360 Capital Partners, Draper Associates Investments, and Idinvest Partners.
The Boston-based company, founded in 2006, had initially developed neural network software for NASA to use in planetary exploration, where resources such as processing power, battery life, and communications are limite