An MIT spinoff co-founded by robotics luminary Daniela Rus aims to build general-purpose AI systems powered by a relatively new type of AI model called a liquid neural network.
The spinoff, aptly named Liquid AI, emerged from stealth this morning and announced that it has raised $37.5 million — substantial for a two-stage seed round — from VCs and organizations including OSS Capital, PagsGroup, WordPress parent company Automattic, Samsung Next, Bold Capital Partners and ISAI Cap Venture, as well as angel investors like GitHub co-founder Tom Preston Werner, Shopify co-founder Tobias Lütke and Red Hat co-founder Bob Young.
The tranche values Liquid AI at $303 million post-money.
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