loc.ai

Loc.ai, a British deep-tech start-up, has secured £1 million in pre-seed funding from Fuel Ventures.

Summary of transaction details:

• Value: £1 million
• Sector: DeepTech & AI
• Advisor: null
• Key Entities: loc.ai, Fuel Ventures
• Location: null

Note: Loc.ai aims to liberate AI-powered businesses from spiralling cloud bills by shifting the artificial intelligence workload directly onto the customer’s own kit.