Tenyks, a University of Cambridge spin-out, raised a $3.4 million seed investment to help machine learning engineers build better, safer AI.
The round was co-led by Speedinvest and firstminute capital, with participation from LAUNCHub Ventures, Y Combinator, the University of Cambridge, Creators Funds, Remus Capital, CSVE Ventures, RKKVC, Black Mountain Ventures, and a dozen angels, including Pete Hutton and John Taysom.
The new funding will be used to double the software engineering team bringing the company’s headcount to 12.
Company: Tenyks Limited
Raised: $3.4M
Round: Seed Round
Funding Month: March 2022
Lead Investors: Speedinvest and firstminute capital
Additional Investors: LAUNCHub Ventures, Y Combinator, the University of Cambridge, Creators Funds, Remus Capital, CSVE Ventures, RKKVC, Black Mountain Ventures, Pete Hutton, and John Taysom
Company Website: https://www.tenyks.ai/
Software Category: MLOps monitoring and validation platform
About the Company: Founded by Botty Dimanov, Dmitry Kazhdan, and Maleakhi Wijaya, Tenyks builds an MLOps monitoring and validation platform that helps AI developers working with computer vision data to build more reliable software faster. Like a ‘doctor for AI’, it helps developers understand what is wrong with their algorithms, resolve issues, remove bias, boost model performance, and enhance data quality.
Source: https://tech.eu/2022/03/07/cambridge-startup-ramps-up-3-4-million-to-show-how-ai-can-make-human-connections-deeper