AI company Cerebrium, originating from South Africa, secures $8.5 million in funding for its infrastructure development
Cape Town-born, now New York-based startup Cerebrium is making waves in the AI industry with its ambitious goal to become the go-to platform for building and scaling AI-native applications. The company recently secured $8.5 million in seed funding led by Gradient Ventures, Google's AI-focused venture fund, demonstrating confidence in Cerebrium's mission and technology.
Cerebrium offers a platform that simplifies the complexity typically involved in developing and scaling AI-powered products. By removing typical obstacles such as infrastructure management and integration challenges, the platform empowers developers to focus on creating innovative AI-native applications rather than dealing with technical overhead.
The platform targets real-time AI workloads, helping developers integrate AI models seamlessly into their applications. This makes AI functionalities more accessible and scalable, paving the way for a future where AI is integrated into various aspects of our lives.
Cerebrium's serverless system allows companies to pay only for what they use, and the system scales up or down automatically, providing flexibility and cost-effectiveness. The company's long-term goal is to help businesses build entire products powered by AI, from sales agents to healthcare support.
The funds raised will be used to hire more engineers, grow the core platform, and scale operations. Upgrades to Cerebrium's tools include reducing loading time for AI models, improving memory and visual processing, creating secure containers for untrusted code, and easier performance monitoring.
Cerebrium is also working on features to allow companies to deploy in specific regions, which can help meet local data rules and reduce latency. The technology is designed for real-time, multimodal AI applications, making it a versatile solution for various industries.
Cerebrium's technology is currently used by companies such as Tavus, Deepgram, and Vapi for running fast, real-time AI systems. Roey Paz-Priel, a machine learning engineer at Tavus, states that Cerebrium provides the speed and stability needed, especially when scaling quickly.
The company was founded in 2021 by Michael Louis and Jonathan Irwin, who previously held roles at OneCart, an online grocery delivery platform. Cerebrium is positioning itself as a bridge between African tech talent and the worldwide AI ecosystem, combining local innovation with global accessibility.
To further connect with the African tech community, Cerebrium is hosting Moonshot, an event by its website, returning to Lagos on October 15-16. The event features keynotes, mixers, and future-forward ideas from top African founders, creatives, and tech leaders. Early bird tickets are available with a 20% discount.
As AI adoption accelerates across industries, Cerebrium is building a robust, secure, and scalable foundation to support this growth. The global market for companies like Cerebrium is projected to exceed $197 billion by 2030, making it an exciting time for this innovative startup.
- Cerebrium's cloud-based platform, designed for real-time AI workloads, is aiming to make artificial intelligence more accessible and scalable for startups in finance, data-and-cloud-computing, and technology industries.
- The technology developed by Cerebrium, such as their serverless system and data integration solutions, is enabling companies to build AI-native applications with minimal technical overhead, opening opportunities for AI integration in various industries.
- As part of its growth strategy, Cerebrium is investing in research and development to enhance features like reducing loading time for AI models, improving memory and visual processing, and creating secure containers for untrusted code, positioning itself as a key player in the AI industry.