capital · May 21, 2026
Doubleword Raises £2M Pre-Seed Led by UCL Technology Fund to Cut AI Inference Costs 100x Annually
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Doubleword raised a £2M pre-seed round on May 15 2026 led by UCL Technology Fund with participation from Creator Fund and UK government Future Fund. The 11-person London team founded by Meryem Arik as CEO and including DeepMind and Oxford alumni aims to deliver 100x yearly reductions in AI inference costs through combined hardware and software optimizations. Llama 3 70B inference on Doubleword costs $6,679 per month versus $94M for comparable competitor offerings. Doubleword secured £2M pre-seed funding from UCL Technology Fund, Creator Fund and UK Future Fund on May 15 2026.
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