BRIEF

on Valkyrie

Valkyrie Announces New AI Company, Andromeda, Raises $4.5M in Austin’s Largest Pre-Seed Round

Valkyrie, a leading provider of applied sciences solutions, has introduced Andromeda, a pioneering decision intelligence platform. This new venture aims to revolutionize high-stakes decision-making.

Andromeda, a subsidiary of Valkyrie, has secured $4.5 million in pre-seed funding, marking the largest pre-seed round raised in Austin, Texas, in 2024. The investment will help Andromeda empower mission-critical decision-makers by providing unbiased, fact-based insights.

Andromeda's architecture integrates transformers (LLMs) and knowledge graphs to support complex workflows. This unique approach minimizes AI hallucinations, ensuring reliable and actionable insights, thereby positioning it as a trusted partner in defense and high-stakes environments.

A Battalion Commander from the United States Special Operations Command praised Andromeda, calling it a game-changer for mission planning and decision-making.

The funding round, led by Trust Ventures, will accelerate Andromeda's product development, expand its engineering team, and drive market adoption in defense and intelligence sectors. Andromeda will be available for deployment in various environments, providing universal access.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Valkyrie news