Artificial Intelligence Startup Magic AI Closes $1.2 Million Seed Round

Seattle-based startup Magic AI concluded a $1.2 million seed funding round led by Angel investor, equine enthusiast, and technologist, Vani Khosla. Other angel investors also participated.

Magic AI’s product, StableGuard, is a 24/7 video monitoring solution that uses AI to alert owners to changes in their horses’ wellness. The platform utilizes a hybrid neural network consisting of both “standard” convolutional layers as well as a scattering transformer. According to the company, this system enables the intelligent processing of natural images and generates accurate predictions of behavior with a limited—and cost effective—data set.