LOUHE.ai funding news – Oulu-based LOUHE.ai Secures €3 Million in Funding

In addition to Lifeline Ventures, which acts as the main investor, several companies that participated in previous rounds as well as individuals with long careers in the technology industry participated in the funding round.

LOUHE.ai CEO Janne Pirttilahti said, “We are very pleased with this funding round, which allows us to invest even more, especially enabling us to accelerate our international growth. This is an important step on our journey towards a greater global presence”.

Lifeline Ventures, the main investor in the financing round, is a Finnish investment company that focuses on investing especially in companies that are seen as trendsetters in various fields in the future.

Read also - Harmonic Security funding news – London-based Harmonic Security Raises $17.5Million in Series A Round Funding

Lifeline Ventures Partner Petteri Koponen said, “We are excited to be able to support this funding round. LOUHE.ai has a very competent team and the innovative and unique solutions they offer based on explainable artificial intelligence stand out in the market. We strongly believe that LOUHE.ai will be successful on an international level and grow even faster than before”.

Hannes Huotari, Chief Technology Officer and one of the company’s founders said, “We constantly strive to develop new innovative solutions to meet various cyber-physical security needs. New technologies by LOUHE.ai take security predictability and control to a completely new level”.

About LOUHE.ai

LOUHE.ai aims to create a safer and more predictable future for companies and communities around the world. The latest funding round enables significant investments in international growth and technological innovations that will revolutionise the field of cyber-physical security. It continues to develop and expand its services, offering its customers unique solutions to build a safer future.