What does EdgeRunner AI do?
EdgeRunner AI develops a cutting-edge generative AI platform that delivers domain-specific, air-gapped, on-device AI agents. The platform is tailored for military applications and enterprise needs, offering features like chat, Q&A, summarization, and more while operating independently of internet connectivity.
How much did they raise?
The company completed a $12M Series A round led by Madrona Ventures, with participation from seed lead Four Rivers Ventures and new investors HP Tech Ventures and Alumni Ventures. This round brings its total funding to $17.5M.
What are their plans for the money?
With the new capital, EdgeRunner AI plans to grow its team and invest further in product development. These investments are aimed at enhancing its on-device AI capabilities to support critical missions in environments with limited connectivity, thereby strengthening its position in defense and enterprise markets.
What have they achieved so far?
EdgeRunner AI has already achieved key milestones, including signing a Cooperative Research and Development Agreement with the U.S. Air Force Research Laboratory and being designated as an 'Awardable' vendor for the DoD Chief Digital and Artificial Intelligence Office’s Tradewinds Solutions Marketplace.
