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High Tech Series A Founded 2018

Neurolabs

Provider of computer vision-powered object recognition solutions for retail industry. Neurolabs provides AI-based object recognition solutions for retail industry. The solution uses computer vision and deep learning techniques to recognize products for automating shelf management tasks, and uses synthetically generated data to develop object recognition models or train deep learning models. Also offers AI detectors…

📍 London, United Kingdom · Generative AI,

Funding snapshot

Last roundSeries A
Amount$8M
Date23 April 2025
Total raised$12M
Valuation4,778,364 (Jul 10, 2020)
Team size37

About

Provider of computer vision-powered object recognition solutions for retail industry. Neurolabs provides AI-based object recognition solutions for retail industry. The solution uses computer vision and deep learning techniques to recognize products for automating shelf management tasks, and uses synthetically generated data to develop object recognition models or train deep learning models. Also offers AI detectors that offer product recognition for grocery retail. Founded in 2018, headquartered in London, United Kingdom. The company operates in the High Tech > Generative AI, Native AI > Generative AI sector. Founded in 2018 and headquartered in London, United Kingdom and has raised $12.4 million in Series A funding. Key investors include Fast Track Malmo, Techstart Ventures, 7percent Ventures, Id4 ventures, Lunar Ventures, LAUNCHUB, Nauta Capital, Bind 4.0.

Business model

Security & Surveillance Technology > Surveillance > Video Surveillance > Analytics,

Image Recognition > Applications > Offline Retail > Retail Execution > Shelf Management,

In Store Retail Tech > Customer Experience Management > Smart Displays > Electronic Shelf Labels

Founders & team highlights

Serial Founder

Team background

College Wise > University of Edinburgh

Institutional investors

Fast Track Malmo Techstart Ventures 7percent Ventures Id4 ventures Lunar Ventures LAUNCHUB Nauta Capital Bind 4.0 Fast Track Capital Delphi Electric MK Venture Capital Andreas Wiese Charlie Songhurst George Albota Iain Devine

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