Funding Flows to Machine-Vision Startups this December
Rounds across Germany, UK, Sweden and Estonia.
Machine Vision and video-based startups attracted a fair amount of funding across Europe this week, as well as some Dairy and Fish alternatives.
RecyclEye - detecting and categorising waste.
V7 - Automated Neural Network training for image recognition
Fyma - predicts and analyzes camera feed data using computer vision algorithms.
The UK remains the most active country in Europe, and strong interest remains for Estonia.
🇩🇪 Germany
Raised: $10.3m (Seed)
Description: The app is based on specially designed VoIP calling software that connects users with real coaches worldwide, bringing them together in group calls. From meditation, pilates to yoga, to journaling and fitness classes — courses are scheduled for a maximum of 20 minutes and promise long-lasting success.
Investors: HV Capital, Cavalry Ventures, Atomico Angels and others.
🇬🇧 United Kingdom
Raised: $5.3m (Seed)
Description: Helping UK families reduce toy clutter with a more affordable and sustainable way to play - by providing a toy sharing subscription service for kids.
Investors: Octopus Ventures and MMC Ventures.
Raised: $4m (Seed)
Description: Vestrata is a fintech company providing integrated investment solutions for wealth managers, and is run by 6 former JP Morgan Executives. The FT has more here.
Investors: Self Funded & Friends Family.
Raised: $3m (Seed)
Description: eXate’s DataSecOps solution simplifies the way organisations access and share data by providing an embedded platform that automates the technical enforcement of data policies. These solutions help solve the large-scale challenges created by complex global data privacy regulations.
Investors: ING Ventures, Triplepoint Ventures and Outward VC.
Raised: $3m (Seed)
Description: Automated training data annotation and neural network development for image recognition.
Investors: Partech, Amadeus Capital Partners, AirStreet Capital and others.
Raised: $3m (Seed)
Description: Better Dairy is using advancements in technology to address the hugely unsustainable dairy market. Techcrunch has more here.
Investors: Entrepreneur First, Happiness Capital, Stray Dog Capital and others.
Raised: $1.5m (Seed)
Description: Recycleye is a developer of digital tools designed to detect and provide analytics on waste management.
Investors: MMC Ventures, Playfair Capital, Creator Fund and others.
🇸🇪 Sweden
Raised: $2.6m (Seed)
Description: Occtoo is a SaaS service that helps companies to quickly build customer experience applications suitable for all channels.
Investors: Industrifonden and 42CAP.
Raised: $1.8m (Seed)
Description: Kive is a company that enables creatives to collect visual assets in a library that self-organises through machine-learning.
Investors: Creandum and EQT Ventures.
Raised: $600k (Pre-Seed)
Description: Leading the transition to a harmless seafood system by serving healthy vegan seafood.
Investors: Katapult Ocean, Wave Ventures and others.
🇪🇪 Estonia
Raised: $1.8k (Seed)
Description: Fyma predicts and analyzes what lives within your camera feeds using computer vision algorithms.
Investors: 7Percent Ventures, Superangel, TinyVC and others.