Phaidra raises $4M led by Flying Fish with Mark Cuban among investors to scale AI for industrial automation
Phaidra, a 15-person startup founded in 2019 that builds AI agents to analyze sensor data and optimize industrial facilities, raised $4 million led by Flying Fish with participation from Section 32, Character, Starshot Capital and Mark Cuban. The company — led by ex-DeepMind engineers Jim Gao and Vedavyas Panneershelvam and industry veteran Katherine Hoffman — will use the funding to expand in process heating/cooling, chemical manufacturing and paper and pulp.
Ex-DeepMind Engineers’ Startup Phaidra Raises $1.5M to Build In-House AI for Industrial Customers, Launches in Seattle
Stealth startup Phaidra, founded by ex-DeepMind engineers Jim Gao and Vedavyas Panneershelvam with industry veteran Katherine Hoffman, raised $1.5 million to build AI tools that let industrial companies develop in-house models while retaining data and IP. The four-person company chose Seattle for its mix of tech ecosystem and industrial roots and is currently building a beta product.
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Phaidra Co-founder and CEO · current
