Group 42 has joined existing shareholder BP Ventures to co-lead a series C round for Caltech and Nasa spinout Beyond Limits, with $113m already closed and another $20m committed.
US-based artificial intelligence (AI) technology developer Beyond Limits attracted $133m in series B financing yesterday co-led by cloud computing firm Group 42 and petroleum company BP’s corporate venturing arm BP Ventures.
The company has received an initial $113m already, with the remaining $20m committed.
Beyond Limits has developed cognitive AI technology that combines human-like reasoning with data to solve challenges and offer insights into improving operating conditions and enhancing business performance.
The technology is based on research at California Institute…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
