Vicarious, an artificial intelligence research company,
today announced a $15M Series A round of financing led by Good Ventures LLC, a
for-profit investment firm founded by Facebook and Asana co-founder Dustin
Moskovitz that will donate all of its earnings to the Good Ventures Foundation.
Also participating in the round are veteran institutional investors Founders
Fund and Open Field Capital, as well as Vicarious angel investors Steve Brown
and Zarco Investment Group.
Vicarious is developing machine learning software based on
the computational principles of the human brain. Since its launch in February
2011, the company has developed a visual perception system that interprets the
contents of photographs and videos in a manner similar to humans. Powering this
technology is Vicarious’ key innovation: a new computational paradigm called
the Recursive Cortical Network™. The research at Vicarious is expected to have
broad implications for robotics, medical image analysis, image and video
search, and many other fields.