In the latest funding round, Louhe Oy raised more than 3 million euros in funding to support the company’s growth, especially in the international market.

The latest funding round has been a success for LOUHE.ai. In addition to Lifeline Ventures, which acts as the main investor, several companies that participated in previous rounds as well as individuals with long careers in the technology industry participated in the funding round.

“We are very pleased with this funding round, which allows us to invest even more, especially enabling us to accelerate our international growth. This is an important step on our journey towards a greater global presence”, says LOUHE.ai CEO Janne Pirttilahti.

Lifeline Ventures, the main investor in the financing round, is a Finnish investment company that focuses on investing especially in companies that are seen as trendsetters in various fields in the future.

“We are excited to be able to support this funding round. LOUHE.ai has a very competent team and the innovative and unique solutions they offer based on explainable artificial intelligence stand out in the market. We strongly believe that LOUHE.ai will be successful on an international level and grow even faster than before”, Lifeline Ventures Partner Petteri Koponen says.

Continuous service development and new innovations

LOUHE.ai is constantly developing its services to better meet the various needs of cyber-physical security. The latest publication on area analyses offers an even deeper understanding of the security situations of different environments. Besides, Insights-analyses of door magnetic data are coming as a new addition to our services. This can be used to create an individual “fingerprint” for every door equipped with an electric door magnet, which helps to identify, for example, tailgating by several people or other exceptional open conditions.

In addition, LOUHE.ai is currently testing a machine vision-based solution that enables the automatic creation of base map models from various source materials, making the modelling of large properties and areas significantly more efficient. Furthermore, the first prototype of a “virtual agent” testing the property’s security has also been created. This monitors critical areas around the clock and implements various operational scenarios, ensuring the property’s constant security.

“We constantly strive to develop new innovative solutions to meet various cyber-physical security needs. New technologies by LOUHE.ai take security predictability and control to a completely new level”, Hannes Huotari, Chief Technology Officer and one of the company’s founders, summarises.

A comprehensive network of partners

After the release of its first solution in autumn 2022, LOUHE.ai has already formed a very significant network of satisfied customers and partners. LOUHE.ai’s innovative solutions based on machine learning and explainable artificial intelligence are comprehensively suitable for various industries that need to ensure the company’s cyber-physical security. Satisfied customers include, among others, Finnish Broadcasting Company (Yleisradio), The Social Insurance Institution (Kansaneläkelaitos) and in addition, cooperation has also been started with, for example, Finavia. The comprehensive network of international partners of LOUHE.ai includes, among others, Securitas Technologies and Forus operating in the Baltic region.

Aiming for a safer future

LOUHE.ai aims to create a safer and more predictable future for companies and communities around the world. The latest funding round enables significant investments in international growth and technological innovations that will revolutionise the field of cyber-physical security. LOUHE.ai continues to develop and expand its services, offering its customers unique solutions to build a safer future.

Originally published on 13 October by Louhe Oy.

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