Press Release

Neurala’s 2023: A Year of Unprecedented Success

Neurala soared to new heights in 2023, achieving milestones that underscore its status as a frontrunner in the vision AI sector. The year was defined by remarkable revenue growth, strategic collaborations with industry giants like SONY Semiconductor Solutions and Qualcomm, and an unwavering commitment to innovation and excellence.

Max Versace, CEO of Neurala, shared his excitement: “2023 was a crucial year for Neurala. The establishment of strategic alliances with SONY Semiconductor Solutions and Qualcomm, coupled with a record-breaking revenue increase, have positioned us at the forefront of Deep Learning vision technology. Since its inception, Neurala has kept redefining technology and industry standards and lead the charge in applying AI in practical, impactful ways.”

Key Highlights of Neurala’s 2023 Successes:

1. Historic Business and Revenue Growth: Neurala achieved a significant milestone with the largest license order in its history, reflecting the growing market trust and product excellence. Moreover, the company surpassed previous financial records with a remarkable fivefold increase in revenue compared to 2022, marking a historic financial year.

2. Expanding Global Influence: Neurala’s global impact received a boost through strategic partnerships. The company was named to Qualcomm’s IoT Ecosystem Partner roster, highlighting its growing presence in the IoT domain. Additionally, Neurala announced the availability of Brain Builder on SONY’s AITRIOS Marketplace, further solidifying its position as a global leader alongside key partners and market leaders.

3. Technological Enhancement and Showcase: Neurala continued to push the boundaries of innovation by launching key product features such as Calibration and InspectorWeb. These enhancements expand the versatility and efficiency of Neurala’s AI solutions, particularly in the Manufacturing sector. At Automate 2023 in Detroit, Michigan, Neurala showcased its latest VIA functionalities, demonstrating cutting-edge advancements in AI to a global audience.

4. Expanding Partnerships: Neurala’s commitment to collaboration and innovation was evident in the expansion of its VIA partner ecosystem to over 40 companies worldwide. These partnerships underscore Neurala’s dedication to fostering global collaboration and driving innovation in the AI landscape.

In summary, Neurala’s journey in 2023 was one of unparalleled success, characterized by significant revenue growth, strategic collaborations, technological advancements, and an expanding global footprint. As the company continues to redefine industry standards and pioneer practical applications of AI, the future looks incredibly promising for Neurala and its partners.