Convergence, a London, UK-based startup creating personal AI agents, raised $12M in Pre-Seed funding.
The round was led by Balderton Capital. Salesforce Ventures and Shopify Ventures also participated.
The company intends to use the funds to develop novel models that power Proxy assistants, going beyond the current generation of AI, with a focus on enabling continual learning and skill acquisition through memory.
Founded in April 2024 by machine learning engineersĀ Marvin Purtorab, CEO,Ā andĀ Andy Toulis, CTO, Convergence is building personalised AI agents to drive productivity and reclaim time spent on repetitive administrative tasks. The company has launched Proxy, a personal AI agent that supports anyone and everyone with their own unique administrative tasks, in beta. Proxy is made possible by a new class of models called Large Meta Learning Models (LMLM), which are trained to keep acquiring skills during inference time like a human would through long-term memory and continual learning. Proxy is also applicable beyond the workplace and can be tailored to consumers ā offering everyone the opportunity to have their own personalised AI agent to support with tasks from booking holidays to ordering groceries.
FinSMEs
26/09/2024