Levatas, developers of AI software, has raised $5.5 million in a seed round led by Castellan Group, a SEC-registered investment advisor and multifamily family office.
The funding will be used to grow the machine learning engineering team, help the company extend into additional industries, and enable integration with a broader array of data capture hardware. Currently, Levatas’s platform and industrial AI models create greater efficiency for major chip manufacturers, global automakers, oil refineries, energy producers and one of the largest breweries in the United States. These tasks are then executed daily by autonomous robots, drones, camera systems and other visual data collection devices.
“We give machines the ability to handle the dirtiest, most repetitive and dangerous tasks so that our clients’ human employees can focus on problem-solving, thoughtful execution and company growth,” said Chris Nielsen, Levatas CEO. “Because we enable their machines to ha