The Radboud University, other Dutch universities and a venture investor have been awarded 8 million euros in funding. This grant will be used to speed up and better target innovation in the field of Artifical Intelligence within society. This is a grant from the Thematic Technology Transfer (TTT) scheme of RVO.
The TTT.AI consortium will focus on generating science based AI startups and providing early-stage funding to these start-ups. The consortium has brought together a number of top researchers, business developers, investors and entrepreneurs in the field of AI. Its primary themes are #healthcare, #security and #industry, but promising initiatives regarding other themes can get support as well. LUMO Labs is the investor responsible for providing early-stage funding.