Startups

LOUHE.ai, a Finnish startup specializing in cyber-physical security, raised over €3M in a funding round

LOUHE.ai, a Finnish startup that collects vital data sources from campuses and buildings, has raised €3M+ in funding to accelerate its worldwide growth. By combining machine learning and Explainable AI, the startup enhances cyber-physical security, developing intelligent situational awareness for its clients.

The investment round included participation from a number of companies from prior rounds as well as individuals with long-standing careers in the technology industry, to the primary investor, Lifeline Ventures.

Founders Statements:

CTO and co-founder, Hannes Huotari, continued:

“We always work to provide fresh, creative approaches to address a range of cyber-physical security requirements. The new solutions from LOUHE.ai raise the bar for security control and predictability to an entirely new level.”

Janne Pirttilahti, CEO of LOUHE.ai, said:

“With this investment round, which enables us to spend even more, particularly in increasing international growth, we are quite delighted. This is a significant milestone in our pursuit of a more extensive worldwide reach.”

LOUHE.ai provides its clients with technologically advanced solutions that have transformed the field of cyber-physical security by combining disparate data sources into a comprehensible and predictive format. The organization’s explainable artificial intelligence and machine learning capabilities enable it to proactively identify deviations from security dangers before they become real.

Related Content: Cybersecurity Startup, Sesame It secured €10M

To enhance cyber-physical security, LOUHE.ai is continuously improving its services, and several new releases are on the horizon. LOUHE.ai is developing projects like automatic floor map construction using machine vision, analyzing door magnetic data insights, and a Virtual Agent that continuously monitors property security.

Lifeline Ventures Partner Petteri Koponen stated:

“We’re excited to support this funding round. The highly skilled LOUHE.ai team offers exceptional explainable AI-based solutions that stand out in the industry. We have a great belief that LOUHE.ai will expand globally and continue to flourish.”

Image Credit: Louhe.ai
Abdul Majeed

Data professional, Writer and Thinker at TECHnicalBeep, aspiring to provide quality content with respect to "All things Startups" to our readers. It is important for the people that they are aware of how the world is changing and evolving daily, and how those ideas and innovations can potentially help grow the Ideasphere of the region.

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