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XXII Raises $24M to Develop AI Computer Vision

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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.
Apr 2023
machine vision
Interpretation of an image of an object or scene through the use of optical noncontact sensing mechanisms for the purpose of obtaining information and/or controlling machines or processes.
Referring to the bandwidth and spectrum location of the signal produced by television or radar scanning.
artificial intelligence
The ability of a machine to perform certain complex functions normally associated with human intelligence, such as judgment, pattern recognition, understanding, learning, planning and problem solving.
Businessmachine visioncomputer visionSoftwareVideoanalysisstreamAIartificial intelligencestartupfundingfundraisingEurope

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