Literal Labs Secures £4.6M to Rethink the Future of AI
In the heart of Newcastle, a startup spun out of academic roots is taking a bold step into the future of artificial intelligence. Literal Labs, founded by AI researchers Dr. Alex YakovlevDealroom has a profile for this one. Try Dealroom → and Dr. Rishad ShafikDealroom has a profile for this one. Try Dealroom → from Newcastle UniversityDealroom has a profile for this one. Try Dealroom →, has just raised £4.6 million in pre-seed funding to bring a new kind of AI model to market—one built not on traditional neural networks, but on logic-based architecture.
At the helm isNoel HurleyDealroom has a profile for this one. Try Dealroom →, a former VP at Arm, who joined as CEO in 2023 to help steer the company toward its commercial ambitions. For Hurley, the moment is timely. “We’re at a pivotal moment for AI,” he notes, “with adoption continuing to accelerate alongside sustainability and cost concerns.” Literal Labs wants to offer an alternative—AI systems that are faster, more energy efficient, and more explainable than their mainstream counterparts.
The startup has already begun to grow, doubling its team and attracting key talent like Leon FeddenDealroom has a profile for this one. Try Dealroom →, previously leading AstraZeneca’s deep learning platform, now CTO of Literal Labs.
With the new capital, Literal Labs plans to expand its engineering team and launch its first product later this year. As the global AI race intensifies, this Newcastle-based startup is betting that leaner, smarter, and more sustainable AI might just be the next big leap forward.
Source:
A.M.
