Visionary.ai, an Israeli startup that uses AI to make cameras operate better, received fresh capital to increase its Seed round just as the company celebrates its first birthday.
The company received an additional $2.5 million on top of its initial $4.5 million from February 2021, bringing its total to $7 million.
The round was led by Ibex Investors, with the participation of Spring Ventures and Capital Point, and will be used for R&D and business development.
Company: Visionary AI Vision Ltd.
Raised: $2.5M
Round: Seed Round
Funding Month: February 2022
Lead Investors: Ibex Investors
Additional Investors: Spring Ventures and Capital Point
Company Website: https://www.visionary.ai/
Software Category: Image Signal Processing
About the Company: Founded in 2021 by Debbi and Taieb, Visionary.ai has developed an AI-powered technology that operates in the dark and removes blur for photos. Its software can work at the core of any camera in the Image Signal Processor (ISP). Its software can enhance the image quality in laptops, tablets, phones, and webcams in real-time to help capture clearer images. Its team includes members from Microsoft, Intel, and Samsung who have collectively worked on over 40 computer vision patents. Visionary.ai empowers cameras to achieve the next generation of image quality. Visionary.ai software-based ISP (Image Signal Processor) leverages AI to achieve market-leading performance on a wide range of imaging tasks such as low-light imaging, denoising, exposure control, and HDR.
Source: https://www.calcalistech.com/ctechnews/article/hj2eum5ec