LOUHE.ai secured over €3 million in latest funding round

Venture
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October 14, 2024
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2 MIN READ
Sofya Zhamoitina
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Venture Reporter

In its latest funding round, Louhe Oy successfully raised over €3 million to fuel its expansion, particularly in international markets. LOUHE.ai, backed by the lead investor Lifeline Ventures, attracted not only previous investors but also experienced individuals from the tech sector.

“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, a prominent Finnish investment firm known for backing future-forward companies, expressed confidence in LOUHE.ai. LOUHE.ai continues to push boundaries in cyber-physical security. The company is enhancing its services, with new insights into area analysis and door magnetic data. In addition, the firm is trialing a machine vision solution that will make property modeling more efficient, along with a virtual agent prototype that continuously monitors 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”, explains Hannes Huotari, Chief Technology Officer and co-founder of the company.

LOUHE.ai’s goal is to create a safer, more secure future for businesses and communities worldwide. The fresh funding will drive international growth and cutting-edge advancements in cyber-physical security.

Image credit: louhe.ai

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