NetMind, a company dedicated to advancing the field of artificial general intelligence, has invested £2 million into TG0 – a developer of AI-powered human-machine interfaces which is also based in London.
The investment was finalised in Q4 2023 but has now been made public in line with the companies’ strategic partnership.
TG0 will seek a new round of investment later this year.
NetMind’s in-house AI experts and research team works at the forefront of AI development. TG0 is accelerating the creation of customisable AI-embedded products that can adapt to a user’s physical needs in real time, while being accessed via NetMind’s low-cost hardware and cloud computing platform.
TG0’s patented technology is used to build touch-sensitive, pressure-responsive materials which enable designers and manufacturers across a variety of industries – including consumer electronics, automotive, healthcare, audio, gaming and fitness – to create smarter and more sustainable versions of their products, as well as user-centric experiences.
Its clients include ZWIFT, Novares, Italdesign, Dashine, AIRBUS and Futaba. Examples of the products it helps to build are smart pressure-sensing insoles and prosthetics.
The collaboration will expedite development of AI-embedded products that are fully customisable and capable of adapting to users’ needs in real-time. It will also bring NetMind and TG0 together with the top research minds from King’s College London and Imperial College London.
“With the £2m investment, and access to NetMind’s state-of-the-art AI frameworks, we can’t wait to see what TG0 will do with their game-changing tech,” said NetMind CEO and co-founder Kai Zou.
“As the physical and digital spaces increasingly collide, we believe at NetMind that TG0’s work will ensure that these vital technologies are as inclusive, accessible and powerful as possible.”
TG0’s CTO and co-founder Liucheng Guo commented: “It’s a thrill to work with a company who places such a premium on innovation.
“NetMind’s decentralised processing and relatively low cost mean that at TG0 we’re able to focus on what we do best: building the future piece by piece.”