MarqVision, a Los, Angeles, CA-based maker of the world’s first AI-powered platform designed to protect human creativity and innovation in a digital world, announced that it raised $20 million in Series A funding.
DST Global Partners and Atinum Investment led the latest funding along with its existing backers SoftBank Ventures, Bass Investment, and Y Combinator.
With the funds, Marqvision continues to advance product development beyond its brand protection platform to create a new IP operating system that also allows companies to create, manage, protect and monetize IP rights – all in one place.
Company: Marq Vision Inc
Raised: $20.0M
Round: Series A
Funding Month: Aug 2022
Lead Investors: DST Global Partners and Atinum Investment
Additional Investors: SoftBank Ventures, Bass Investment, and Y Combinator
Company Website: https://www.marqvision.com/
Software Category: AI-powered intellectual property (IP) protection platform
About the Company: MarqVision built the intellectual property (IP) platform that enables creators and innovators to create, manage, protect and monetize IPs–all in one place. MarqVision helps global brands identify and remove counterfeits from more than 1,500 online marketplaces across the world. Counterfeiting is a massive and growing threat worldwide, and MarqVision is on a mission to protect creativity and innovation with technology that allows brands to automatically monitor and protect their IPs. Harnessing image recognition and natural language processing, this AI-powered SaaS makes it faster than ever before to take down counterfeits. MarqVision was founded in 2020 by Harvard Law graduates and is backed by DST Global Partners, Softbank, Atinum Investments, Bass Investment, and Y Combinator. The recipient of a prestigious 2022 Innovation Award from LVMH Moët Hennessy Louis Vuitton (LVMH), MarqVision is also part of the LVMH accelerator program, La Maison des Startups, at the Station F incubator. MarqVision is bringing forth the next evolution of brand protection for businesses everywhere.
Source: https://www.marqvision.com/news/marqvision-raises-20-million-series-a-for-first-of-its-kind-operating-system-for-intellectual-property