NeuReality Secures $20M Funding to Fuel Global Expansion of AI Inference Solutions
NeuReality specializes in AI Inference and data center infrastructure.
Company Name: NeuReality
Location: Tel Aviv, Israel
Sector: AI Inference and Data Center Infrastructure
Funding Details: Raised $20M, bringing total funding to $70M. The round was led by the European Innovation Council (EIC) Fund, Varana Capital, Cleveland Avenue, XT Hi-Tech, and OurCrowd, with participation from Cardumen Capital, Glory Ventures, and Alumni Venture Group.
Purpose of Investment: To accelerate the deployment of its NR1™ AI Inference Solution, facilitating a transition from early deployment to growth in various markets, regions, and generative AI fields.
Leadership: Co-founded by Yossi Kasus, Moshe Tanach, and Tzvika Shmueli
Product: NeuReality develops purpose-built AI Inference system architecture, hardware, and software designed for contemporary and forthcoming AI applications. The company's flagship NR1 AI Inference solution offers a comprehensive, ready-to-use system that supports an extensive range of deep learning models and hardware providers, coupled with open-source software compatibility, democratizing AI solutions for businesses and governments of all sizes.
About Company: NeuReality is at the forefront of AI technology innovation, specializing in AI Inference and data center infrastructure. The company is dedicated to revolutionizing daily AI inferencing operations with its NR1 AI Inference solution, enabling seamless integration and performance for an array of deep learning models and fostering accessibility to advanced AI capabilities across various sectors.