news
June 18, 2024
On June 18, 2024 LongJump Ventures LP announced its investment in Tercero Technologies Inc. In LongJump’s announcement, the firm said it was excited about Tercero because “[t]here’s strong evidence that the DoD is planning to invest heavily in AI R&D over the next decade. Tercero already has early traction with USMC and Navy contracts; it was also selected to receive two SBIR grants supporting its research and development initiatives. Carl is a repeat founder with substantial experience in robotics engineering for companies selling to the US military, along with a legal background focused on intellectual property and tech commercialization. The company is uniquely positioned to bring edge technologies to the DoD.”
About Tercero Technologies
Tercero Technologies is a Chicago-based artificial intelligence startup focused on autonomy and machine learning for commercial and defense applications. The company performs research, development, and integration of autonomous vehicle and robotics software and hardware, as well as other novel applications of autonomy and machine learning technologies. Learn more at https://www.tercero.ai.