L'école AI, a Paris, France-based creator of ÉO, a "machine teaching" technology, has secured $3 million in seed funding.
SaaS Investors
The round was led by Sofinnova Partners, with participation from Preston-Werner Ventures, the fund started by co-founder and former CEO of GitHub, Nicolas Pinto, head of Deep Learning at Apple, and Clément Delangue, Co-Founder and CEO at Hugging Face.
Founded in 1972, Sofinnova Partners is a European venture capital firm in life sciences, specializing in healthcare and sustainability. Based in Paris, London, and Milan, Sofinnova Partners is a hands-on company builder across the entire value chain of life sciences investments, from seed to later-stage. Today, Sofinnova Partners has over €2.5 billion under management.
L'école AI Use of Funds
The company plans to use the funds to further develop ÉO, a system that simplifies the creation of computer vision models. The funds will also support team expansion, product development acceleration, and business efforts.
About L’école AI
Founded by Louis-Alexandre Etezad-Heydari, Clément Farabet, and Kim Nilsson, L'école AI is a computer vision-focused development platform. L’école AI is a creator of ÉO, a “machine teaching” technology that removes the engineering complexity around deep-learning systems for computer vision. The company’s mission is to empower individuals to harness AI with purpose to shape the future, starting with a focus on accelerating advancements in life sciences through computer vision.
Funding Details
Company: L’école AI
Raised: $3.0M
Round: Seed Round
Funding Month: October 2023
Lead Investor: Sofinnova Partners
Additional Investors: Preston-Werner Ventures, Nicolas Pinto, Clément Delangue
Company Website: https://www.lecole.ai/
Software Category: AI Development Platform focused on Computer Vision
Source: https://www.businesswire.com/news/home/20231025907622/en