HomeUSATrace Machina Closes $4.7M Seed Funding

Trace Machina Closes $4.7M Seed Funding

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Trace Machina

Trace Machina, a San Francisco, CA-based company building simulation infrastructure for safety-critical technologies in physical-world AI, raised $4.7M in Seed funding.

The round was led by Wellington Management with participation from Samsung Next, Sequoia Capital Scout Fund, Green Bay Ventures, and Verissimo Ventures. Angel investors included Clem Delangue, CEO of Hugging Face; Mitch Wainer, Co-Founder of DigitalOcean; Gert Lackriet, Director of Applied Machine Learning at Amazon; and other industry leaders from OpenAI and MongoDB.

The company intends to use the funds to expand operations and its development efforts.

Led by CEO Marcus Eagan, Trace Machina aims to enable builders to create futuristic technologies like physical AI, specialized chip design, robotics, and autonomous mobility.

Their first product NativeLink is open source at the core and provides engineers with an advanced staging environment for technologies where safety is paramount such as self-driving cars, aviation, robotics, and other autonomous hardware systems.

The team consists of executives from Apple, Google, MongoDB, and Toyota Research Institute that are driven by a desire to build a safer future by providing simulation infrastructure.

FinSMEs

22/08/2024

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