Luffy AI

Luffy AI, a pioneer of neuroplastic AI for real-time adaptive control, has raised £8.1 million in a Series A round led by BGF.

Summary of transaction details:

• Value: £8.1 million
• Sector: DeepTech & AI
• Advisor: None
• Key Entities: Luffy AI, BGF, MIG Capital AG
• Location: Abingdon, UK

Note: The funding will be used to scale up Luffy AI's delivery and rollout of its AI motor control and variable frequency drive applications, enabling plug-and-play motors that tune themselves to their load and operating conditions, and has the potential to make a substantial impact in the industrial sector.