AI Startup Modern Intelligence Raises $5M to Launch Innovative Maritime Surveillance AI

Funding Rounds

Summary

While current solutions require thousands of data samples to provide rudimentary vessel recognition and poor reliability, Moderns research techniques "learn targets, rather than memorize them," says John Dulin, the companys CEO. And with Cutlass, Modern Intelligence promises a pure AI model that can be deployed on existing infrastructure with little integration cost, making it easily adaptable and significantly more economical for DoD consumers. And their fundamentally different approach to AI for defense sold me immediately - not just because it was abundantly clear they could pull it off, but because it is the right thing to do for national security," says Jacqueline Tame. The Modern Intelligence team has leveraged neural network technology to develop uniquely dynamic AI that is quick to implement, needs minimal training and will deliver incomparable capability. MI was founded in 2021 by investment and software engineer John Dulin; developer and former CEO of Whiteboard Dynamics Joe Cieslik; and AI scientist and mathematician Tristan Tager.

$ Funding

$
Amount $5.0M Total raised
Date March 16, 2022 Announcement date
Investors - Lead investors
Company http://www.modernintelligence.ai Funded company

Classifications

industries
No industries detected
applications
AI & Machine learning

AskAI Classifications

Labels
No AI classifications detected

Linked Companies