LatticeFlow, a European AI-startup that can uniquely auto-diagnose data and models, empowering ML teams to deliver robust and performant AI models faster, recently announced it raised $12 million to help all data scientists around the world eliminate AI data and model blind spots in computer vision. The Series A round was led by Atlantic Bridge and OpenOcean, with participation from FPV Ventures and existing investors btov Partners and Global Founders Capital.
With this round, the startup has now raised a total of $14.8M in funding to date, and the company is going to use these funds to expand the capabilities of its platform and respond to growing customer demand as more companies deploy computer vision models at scale.
Founded in 2020 by Petar Tsankov, Pavol Bielik, Martin Vechev, and Andreas Krause (pictured), Swiss-based LatticeFlow was built to automate the process of solving data quality and blind spot issues in computer vision AI models, critical to enabling model performance in the wild. This summer, the startup won the Swiss AI Award 2022 at the artificial intelligence festival AiCon. The award honors the most promising and innovative Artificial Intelligence startups in Switzerland. A few weeks earlier, LatticeFlow was admitted into the AI 100 list of the most promising AI startups for 2022 from CB Insights.
“LatticeFlow is an enabling technology that empowers engineers and companies to deliver quality data and performant computer vision models that work in the real world. As data and models grow, delivering AI models that work in the wild becomes an unwinnable battle, so we built the first smart platform that empowers engineers to accomplish this task, addressing a major pain point.”Petar Tsankov, Co-Founder & CEO, LatticeFlow
“There’s a major bottleneck in bringing AI models built in the lab into production. Despite the exponential growth of AI models, operationalizing them is extremely hard. LatticeFlow is addressing this in a unique way with its unstructured data quality analysis and improvement. We’re excited to join the LatticeFlow journey to build a leading automation platform for computer vision deployments, thus accelerating the roll-out of AI.”Ekaterina Almasque, General Partner, OpenOcean