Pathway, a data company developing live AI systems, has raised $10 million in a seed funding round.
The funding, led by TQ Ventures, will support the creation of AI systems that think and learn in real-time, mimicking human cognition.
Kadmos, Inovo, Market One Capital, and Id4 also participated alongside high-profile angel investors. Early investor Lukasz Kaiser, a co-author of the Transformer model and key researcher behind GPT-1 at OpenAI, was among the participants.
Pioneering live AI technology
Pathway is building the foundations for enterprise AI systems that think and learn in real time as humans do. Underpinned by the fastest data processing engine on the market, the startup's offering includes infrastructure components that fuel live AI systems from dynamic sources of structured and unstructured data, enabling decision-making based on always up-to-date knowledge.
The enterprise-grade, secure solution empowers even those organizations holding highly sensitive data to embrace operational-speed AI.
Its growing customer base includes businesses in regulated industries with complex data requirements, including NATO and La Poste. It also claims to have a rapidly growing developer community in over 100 countries.
Purpose of fundraising
Zuzanna Stamirowska, co-founder and CEO of Pathway, said, “Live AI will be a critical enabler of the next generation of LLMs that support complex reasoning. Today, we empower organizations with complex, changing data sets to embrace real-time intelligence. This funding will help us create the missing components that will enable all enterprises, even those holding the most sensitive data, to address issues they’ve never been able to solve before.”
Pathway will use the raised capital to create live AI systems capable of complex reasoning, a groundbreaking effort led by co-founders CSO Adrian Kosowski and CTO Jan Chorowski, who previously worked with recent physics Nobel Prize winner and the “Godfather of AI,” Geoff Hinton.
Schuster Tanger, co-managing partner and co-founder at TQ Ventures, said, “Zuzanna and the team at Pathway possess bleeding-edge insights and expertise in one of the most exciting fields in modern business. Pathway’s success in sophisticated undertakings such as helping La Poste manage operational disruptions at the Paris Olympics is encouraging. Last and hardly least, the response from the developer community has been powerful.”