Key Takeaways
- • Atombeam closed an $18.3 million Series A+ round through a Regulation A+ offering hosted on StartEngine, according to the company's announcement.
- • The Moraga, California-based AI technology company is commercializing Neurpac, a data compaction and encryption software product it says is already in commercial production.
- • Neurpac claims to reduce data size by 75% across file, block, SCADA and video data and increase available bandwidth by up to 9x with a software-only deployment.
- • Atombeam is also developing the Persistent Cognitive Machine (PCM), a continuous-learning AI architecture the company says is designed not to hallucinate.
Summary
Atombeam, an AI technology company based in Moraga, California, announced the close of an $18.3 million Series A+ round. The company raised the capital through a Regulation A+ offering hosted on StartEngine, according to the announcement.
Atombeam describes itself as operating two platforms. The first, Neurpac, is data compaction and encryption software that the company says is in commercial production. According to the company, Neurpac can shrink file, block, SCADA and video data by 75%, increase available bandwidth by up to 9x, strengthen security and reduce network congestion. The software can be deployed in existing stacks in minutes, and the company says it allows enterprises to extend the life of legacy infrastructure while improving performance on wired, cellular and satellite networks.
The second platform, the Persistent Cognitive Machine (PCM), is a new AI architecture that the company says supports continuous learning with real memory. Atombeam positions PCM as addressing limitations of stateless Large Language Models and as suitable for chips and devices, though it remains in development according to the announcement.
The announcement does not disclose valuation, investor names, or revenue figures, and the performance claims are the company's own and have not been independently verified in the source material.
Atombeam describes itself as operating two platforms. The first, Neurpac, is data compaction and encryption software that the company says is in commercial production. According to the company, Neurpac can shrink file, block, SCADA and video data by 75%, increase available bandwidth by up to 9x, strengthen security and reduce network congestion. The software can be deployed in existing stacks in minutes, and the company says it allows enterprises to extend the life of legacy infrastructure while improving performance on wired, cellular and satellite networks.
The second platform, the Persistent Cognitive Machine (PCM), is a new AI architecture that the company says supports continuous learning with real memory. Atombeam positions PCM as addressing limitations of stateless Large Language Models and as suitable for chips and devices, though it remains in development according to the announcement.
The announcement does not disclose valuation, investor names, or revenue figures, and the performance claims are the company's own and have not been independently verified in the source material.
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