Invisible AI secured $3.6M in Seed Funding round from 8VC
Invisible AI, a San-Francisco, CA-based next-generation computer vision company, has now secured a $3.6 million in the seed funding round.
The 8VC led the latest funding round. Other participating investors include K9 Ventures, iRobot Ventures, Slow Ventures, and Sierra Ventures.
Invisible AI is founded by Eric Danziger. It offers a no-code, edge-based computer vision platform which tracks body movement to improve manual assembly processes in manufacturing facilities.
Executive Opinion
Eric Danziger, CEO of Invisible AI, said, "We are proud to be working closely with 8VC and other strategic partners to help us advance the product and meet demand. We are already working with some of the best names in manufacturing, but we believe every organization can benefit from our AI-enabled cameras. Our service helps to assure high quality, a safe workplace, and replicate best practices throughout manufacturing facilities."Alex Moore, the partner at 8VC, said, "8VC is excited to help Invisible AI expand its reach and grow its customer base. We are convinced that Invisible AI is set to have a huge impact on the $200-billion global manufacturing market, saving money and helping improve processes for a multitude of clients."
Invisible AI's Latest Funding
The company, as of now, has plans to use the new funds to grow the team and expand product capabilities.
Its low-bandwidth and low-cost cameras, which can be deployed to each workstation help enable full visibility into assembly processes, track body posture, and movement to automatically monitor assembly processes.
The company claims that its edge computer vision technology is 100 times smaller than the other current market offerings.
The company claims that its edge computer vision technology is 100 times smaller than the other current market offerings.
PC: Pablo, Pixabay
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Udit Agarwal
Opinions expressed by techsutram contributors are their own. More details
Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.
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