TG0 funding news – London-based TG0 Secures €2.3 Million in Funding
Sep 18, 2024 | By Team SR
TG0, a developer of AI-powered human-machine interfaces, announced it has raised €2.3 million from NetMind, an AI solutions company dedicated to advancing the field of Artificial General Intelligence (AGI).
SUMMARY
- TG0, a developer of AI-powered human-machine interfaces, secures €2.3 million in funding
- An IP-focused start-up called TG0 is selling a platform technology that allows them to make innovative devices for tactile control.
The investment was completed in Q42023, ending the round, but the two businesses are now announcing it in accordance with their strategic alliance. TG0 plans to look for further funding later in the year.
The research team and internal AI specialists at NetMind, who are at the forefront of AI development, have chosen this investment. TG0 is driving the development of customizable AI-embedded goods that are easily accessible through NetMind's affordable hardware and cloud computing platform, and that can dynamically adjust to a user's physical needs.
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TG0, a company that serves clients including ZWIFT, Novares, Italdesign, Dashine, AIRBUS, and Futaba, will be able to quickly expand their technological and product development efforts with the help of this funding infusion. (with goods such as smart pressure sensing insoles, and prostheses).
TG0’s CTO and Co-Founder, Liucheng Guo, commented: “It’s a thrill to work with a company who places such a premium on innovation. NetMind’s decentralised processing and relatively low cost mean that at TG0 we’re able to focus on what we do best: building the future piece by piece.”
With this investment, TG0 will be able to use their unique technology to produce materials that respond to pressure and are touch-sensitive. These allow producers and designers in a range of sectors (music, gaming, consumer electronics, automotive, healthcare, and fitness) to rethink their goods and provide more intelligent, eco-friendly solutions and user-focused experiences.
NetMind CEO and Co-Founder, Kai Zou, added: “With the investment, and access to NetMind’s state-of-the-art AI frameworks, we can’t wait to see what TG0 will do with their game-changing tech. As the physical and digital spaces increasingly collide, we believe at NetMind that TG0’s work will ensure that these vital technologies are as inclusive, accessible and powerful as possible.”
Working together with NetMind, TG0 will witness the rapid growth of AI-integrated products that are totally customizable and able to instantly adjust to the needs of users. Additionally, NetMind will have its own AI products available on the TG0 platform.
About TG0
An IP-focused start-up called TG0 is selling a platform technology that allows them to make innovative devices for tactile control. Prominent brands and manufacturers in the consumer and automotive sectors are among their partners and clientele. These people are passionate about making their own things and seeing them in the hands of actual people. They are a diverse and rather reticent group.