NXAI - About the company
NXAI is a seed company based in Linz (Austria), founded in 2023. It operates as a Developer of machine learning architectures for time series forecasting applications. NXAI has raised $22.7M in funding. The company has 31 active competitors, including 8 funded and 2 that have exited. Its top competitors include companies like Edge Impulse, EmbeDL and NimbleEdge.
Company Details
Developer of machine learning architectures for time series forecasting applications. These architectures utilize memory mechanisms to process sequential data streams for predictive modeling. The technology supports analysis of temporal patterns across various industrial and technical domains. Models are designed for deployment in edge computing environments to facilitate real-time data processing and system monitoring.
Key Metrics
Founded Year
2023
Location
Linz, Austria
Stage
Seed
Total Funding
$22.7M in 1 round
Latest Funding Round
Ranked
2nd among 31 active competitors
Employee Count
32 as on Jul 31, 2026
Legal entities associated with NXAI
NXAI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NXAI GmbH CIN: FN 616894y , Austria, Active | Jan 01, 2023 | - | - | - |
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NXAI's funding and investors
NXAI has raised a total funding of $22.7M over 1 round.
Here is the list of recent funding rounds of NXAI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2023 | 2831 | Seed | 1434 | 5809 | 4027 | 3452 |
View details of NXAI's funding rounds and investors
NXAI's founders and board of directors
Founder? Claim ProfileNXAI's employee count trend
NXAI has 32 employees as of Jul 26. Here is NXAI's employee count trend over the years:
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NXAI's Competitors and alternates
Top competitors of NXAI include Edge Impulse, EmbeDL and NimbleEdge. Here is the list of Top 10 competitors of NXAI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Edge Impulse 2019, San Jose (United States), Acquired | Platform offering AI-powered chat automation and intelligent business solutions | $52.8M | 53/100 | |
2nd | Developer of machine learning architectures for time series forecasting applications | $22.7M | - | 48/100 | |
3rd | Provider of an SDK and hub for edge AI model optimization | $9.14M | 48/100 | ||
4th | NimbleEdge 2021, San Francisco (United States), Seed | Provider of an on-device AI platform focused on delivering fast, private, and adaptive AI experiences | $3.32M | 46/100 | |
5th | Nexa AI 2023, Cupertino (United States), Series A | Platform to build AI apps with on-device models | $8.75M | - | 39/100 |
6th | EDGENeural 2019, Pune (India), Seed | Provider of an edge AI platform | $135K | 36/100 | |
7th | Neuton 2018, San Jose (United States), Acquired | Provider of a neural network framework for AI applications | - | - | 33/100 |
8th | Platform for machine learning on edge devices | $9.3M | 29/100 | ||
9th | Provider of AI infrastructure for understanding and protecting critical assets | - | - | 29/100 | |
10th | ZETIC.ai 2024, Seoul (South Korea), Seed | Platform offering pipelines for serverless AI systems | - | 27/100 |
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NXAI's Investments and acquisitions
NXAI has made no investments or acquisitions yet.
Reports related to NXAI
Here is the latest report on NXAI's sector:
News related to NXAI
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NXAI CEO Albert Ortig: “We will launch our first competitive AI model this year”Trending Topics•Jul 10, 2024•NXAI
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