Neptune.ai acquired PLN 32 million in series A, which was led by the Almaz Capital fund, with the participation of existing investors – btov Partners, Rheingau Founders and TDJ Pitango, the company said. The obtained funds will help in further international expansion and recruitment of engineers in Europe, necessary in developing a platform supporting the creation of machine learning models.
“The market for machine learning tools is rapidly evolving from individual experimentation to the area of group collaboration. The Neptune platform today provides the best toolkit for machine learning development teams to collaborate and achieve better results, said TDJ Pitango Ventures managing partner Daniel Star, quoted in the release. The Neptune.ai platform was created by a team of machine learning engineers from deepsense.ai, led by Piotr Niedźwiedz, who gained experience on Facebook and Google.
Neptune.ai was spun off as a separate company in 2017 to help teams around the world improve the process of building and managing machine learning models, it also said.
“As I moved from the world of machine learning software development, I was struck by the lack of control over building models, the chaos of running experiments, and the lack of tools to support project management. When a team of engineers at my former company showed me the tool they had built to oversee their own experiments, I immediately saw its potential. Today, we offer one of the most popular tools for supervising experiments and building models on the market, ”said Neptune and co-founder Piotr Niedźwiedź. Neptune.ai is a Polish startup that develops a platform that helps engineers and entire teams manage the construction of artificial intelligence models.
The company wants to provide data science specialists with a level of control over the construction and delivery of machine learning models comparable to the control that developers today provide platforms such as GitHub.