AI start-up attracts funding

BRISBANE-based start-up Plotlogic has raised US$2.5 million in an oversubscribed angel round of funding.

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Plotlogic's OreSense in the field in WA. L-R: field technician Marina Auad, senior spectral geologist Dr Richard Murphy, and CEO Andrew Job

Four of the world's top artificial intelligence-focused venture capital funds, Baidu Ventures, DCVC, 8VC and Grids Capital, participated in the raising.