\ Valkyrie Intelligence Announces the Launch of Valkyrie Labs, a joint venture with BuildGroup
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Valkyrie Intelligence Announces the Launch of Valkyrie Labs, a joint venture with BuildGroup

Growth capital will launch and scale attractive product concepts incubated with the Valkyrie Intelligence team and scaled up in a separate commercial entity

March 13, 2018 --

AUSTIN, Texas, March 12, 2018 /PRNewswire/ -- Valkyrie Intelligence, a premier applied science and strategy consultancy led by a team of world-class scientists, is thrilled to announce the launch of Valkyrie Labs, a new joint venture with BuildGroup that will launch and scale attractive product concepts in artificial intelligence software and related hardware technologies.  

The intent of Valkyrie Intelligence, which will remain a separate entity, is to continue to grow and flourish, transforming information into intelligence and intelligence into initiative.  In concert with this work, Valkyrie Labs will be dedicated to identifying and developing R&D solutions to serve key opportunities in the market.  The Valkyrie Labs team has already produced the Mark I, a dedicated network appliance that is 85X faster than current hardware offerings in neural network training and testing and 4.5X faster than common cloud-based machine learning platforms. 

"Valkyrie is driven to change how the world utilizes artificial intelligence. We're scientists that are innovators and thought-leaders first, yet remain adept and results-driven consultants. A partnership with BuildGroup affords our team the capability to turn our forward-thinking vision into the fully realized products. What stands out about BuildGroup is their integrity, experience and their alignment with our vision. It couldn't be a better cultural fit," stated Charlie Burgoyne, Valkyrie's Founder and CEO. 

"BuildGroup believes in the long-term growth opportunities in applied science companies and specifically in the talent and approach demonstrated by Valkyrie Intelligence," said BuildGroup co-founder, Lanham Napier.  "BuildGroup is excited to partner and develop exponential products and companies in this space, providing the necessary growth capital and market insight to do so."  

As part of this launch, Chuck Scullion will join Valkyrie Labs as President and CEO.   Chuck brings over 20 years of C-level leadership experience and start-up and strategy expertise. Chuck was a BCG Partner from 1997-2010, helped take a mobile data infrastructure provider public with a market valuation of over $1B, and most recently was CEO of Zebra Imaging and FoVI 3D, a high tech 3D holographic print and glasses-free VR company.

About Valkyrie Intelligence

Located in Austin, Texas, Valkyrie Intelligence helps companies transform information into intelligence and intelligence into initiative.  Valkyrie Intelligence brings deep applied science and strategy services expertise to enable the success of their clients.  Valkyrie Intelligence's approach is innovative and collaborative, and the company has a proven track record of delivering valuable results for its clients.


For Valkyrie Intelligence

Liz Coufal, Market Development Associate (304) 825-5974



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