Neurala

Overview
News
Neuromorphic Computing?
Product stageSegments
Growth
?
Neuromorphic Vision
?

Neurala is a Boston-based artificial intelligence company specializing in vision AI technology for industrial inspections. The company's flagship product, Visual Inspection Automation (VIA) software, leverages deep learning to detect anomalies and defects in products, even those with natural variations. This capability allows manufacturers to scale production, reduce waste, and adapt to workforce changes while maintaining high levels of quality control. Neurala's proprietary Lifelong-Deep Neural Network (L-DNN) technology forms the core of their solutions, offering a cost-effective vision AI tool that can be retrofitted into existing production line infrastructure without the need for AI experts or expensive capital expenditures. The company provides flexibility in deploying vision AI models, allowing customers to implement solutions either in the cloud or on-premise to meet specific business needs.

Neurala's technology goes beyond traditional machine vision capabilities, offering enhanced anomaly detection that can improve inspection rates and decrease human intervention. The VIA software is compatible with any GigE camera and mid-range industrial PC, making it accessible to a wide range of manufacturers. In January 2022, Neurala introduced an industry-first AI explainability feature, designed specifically for industrial and manufacturing applications. This technology helps packaging manufacturers improve quality inspections by accurately identifying objects in an image that are causing particular problems or anomalies, providing more actionable insights and allowing end-users to differentiate between true anomalies and false positives resulting from environmental conditions.

Key customers and partnerships

Neurala's solutions cater to various industries, including packaging manufacturers who use the VIA software to identify defects in packaging on production lines. The company's technology has been applied in diverse fields, from consumer electronics to security applications. In May 2017, Neurala partnered with the Lindbergh Foundation to combat poaching in Africa using intelligent drones equipped with their deep learning software. This initiative demonstrated the versatility of Neurala's technology in addressing critical environmental challenges. The company's AI solutions have been integrated into devices such as security cameras and drones, enabling them to perform complex recognition tasks in real-time and continuously improve their functionality post-deployment.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
308 Congress Street Floor 4 Boston MA USA
Founded year:
2006
Employees:
11-50
IPO status:
Private
Total funding:
USD 32.1 mn
Last Funding:
USD 12.0 mn (Series Unknown; Jun 2021)
Last valuation:
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Key competitors
 
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