Mexico-based AzevedoTech has just received a $20 million Series A investment from Anthemis Startups. This marks a significant milestone for the artificial intelligence-driven tech company, whose founders have been pioneers in the field of computer vision technologies – an innovative type of digital imaging used to analyze objects in photos and videos. The investment will allow AzevedoTech to expand its capabilities and customer offerings, as well as giving it a new boost in terms of visibility and credibility.
The Company
AzevedoTech is a Mexico-based company specializing in AI-driven vision technologies. The startup was founded in 2017 by Luis Azevedo and Mario Linares. Before starting AzevedoTech, Luis had been working in the field of computer vision technologies since 2012. He has a degree in computer engineering, and has attended some of the most prestigious conferences in the field, including the Computer Vision Summer School in Stanford and the Beyond Photography Symposium in the University of California. Mario is a software engineer who has been part of the AI-driven vision industry since 2009.
The founders’ mission was to use their experience and knowledge to develop innovative and accurate tools for digital imaging. They have been researching new algorithms and techniques to improve the performance of AI-driven vision systems, and their efforts have paid off – AzevedoTech has become a go-to resource for companies and organizations looking for reliable and cutting-edge AI-driven vision technologies.
The Team
In the past three years, AzevedoTech has been able to quickly expand its team size. Now, the startup has more than 25 members, all of whom are focused on the development of AI-driven vision technologies. The company’s engineering team consists of computer vision experts, software engineers, data scientists, and AI specialists. In addition, AzevedoTech also has a business team made up of strategists and growth advisors.
The Products
AzevedoTech has developed a range of products based on AI-driven vision technologies. Its flagship product is the Zorro, a computer vision system that is built on an open source platform, allowing developers to customize the AI algorithms they need. The Zorro is capable of recognizing and analyzing objects in images and videos, as well as detecting and tracking activities.
AzevedoTech’s other products include its AIVA System and AI Doorbell, both of which are designed to provide users with a more efficient way of managing their digital assets. The AIVA System is an AI-based facial recognition system that can detect and recognize faces with high accuracy. The AI Doorbell is an intercom system that is equipped with an AI-driven machine learning feature for enhanced security.
The investment
AzevedoTech’s new $20 million Series A investment from Anthemis Startups will be used to further develop the company’s products and technologies. The startup will use the funding to build on its existing offerings and expand its customer base. In addition, the investment will also be used to invest in people and resources, as well as increasing AzevedoTech’s visibility and credibility.
Conclusion
The Series A investment from Anthemis Startups is a major milestone for AzevedoTech. The capital will provide the startup with the resources and exposure it needs to continue developing innovative AI-driven vision technologies, while also expanding its customer base. With the addition of their venture partners, AzevedoTech is poised to become a global leader in the field of AI-driven vision technologies.
Related FAQs
Q. What type of technology does AzevedoTech specialize in?
A. AzevedoTech specializes in AI-driven vision technologies.
Q. What products has AzevedoTech developed?
A. AzevedoTech has developed the Zorro, AIVA System, and AI Doorbell.
Q. What will AzevedoTech use the $20 million investment from Anthemis Startups for?
A. AzevedoTech will use the funding to build on its existing offerings and expand its customer base, as well as investing in people and resources and increasing its visibility and credibility.
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