Tech Company Financing Transactions
Normal Computing Funding Round
Normal Computing closed a $8.5 million Seed financing round on 6/13/2023. Backers included Celesta Capital, First Spark Ventures and Micron Ventures.
Transaction Overview
Company Name
Announced On
6/13/2023
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to advance its commitment to helping large companies use technologies like Generative AI in real-world contexts, and support the research and development of its application development platform and Probabilistic AI technology.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Normal Computing was founded by former members of the Google Brain Team, Palantir, and X who unlocked AI for some of the largest-scale and most mission-critical production systems, as the well as industry leading ML frameworks for Probabilistic and Quantum AI. Our team has a track record of enabling strategic advantages for use-cases where risk has been a central barrier to AI adoption across Fortune 500 companies in sectors like semiconductor manufacturing, supply chain management, banking, and government agencies.
Management Team
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