XXII Raises $24M to Develop AI Computer Vision

Computer vision technology startup XXII has raised €22 million ($24 million) in a series A funding round led by Fonds Innovation Défense. XXII intends to use the funding for R&D, talent recruitment, commercialization, and addressing new markets and international development in the U.S., Europe, and the Middle East.

XXII is developing a real-time video stream analysis solution using artificial intelligence. The latest funding follows a €1.5 million seed funding round in 2020.





LATEST NEWS

• Photoswitchable Biosystems Make Way for Intelligent Drug Delivery
  May 8, 2024
• ams OSRAM Sells Passive Optical Components Assets to Focuslight
  May 8, 2024
• Toku Adds to its Board: People in the News: 5/8/24
  May 8, 2024
• Functional Materials Developer Meta Materials to Lay off 80% of Workforce
  May 7, 2024
• Luminar Restructuring Includes 20% Workforce Cut
  May 7, 2024
• Danish Authorities Approve Sale of NKT Photonics to Hamamatsu
  May 6, 2024
• Photonic Processor Boosts Multifunctionality for Next-Gen Networks and AI
  May 6, 2024
• Imec Venture Fund Launches with $323M
  May 6, 2024