Industry: Technology Services Region: Germany Deal price: $1 million Deal Method: equity financing
Introduction to the
Berlin-based computer vision company, whose technology enables centimeter-level precision navigation on a large scale, is a perfect fit for the logistics industry.
details
The company provides services to enterprise users and software developers from a wide range of logistics, retail, manufacturing and other industries.
Platform, users can easily scan space then attach AR content persistently to any location, asset tracking, make visible without beacon or tag, also need not digital simulation of twin create and manual operation, can complete forklift and asset tracking, visual perception and recording, indoor navigation, point of sales, inventory management, etc.
The company is currently the only guarantee of high precision, high durability and can meet the AR market demand of the company.
Computer vision, navigation, semantic segmentation and AR interaction technologies on which the platform is based are all in the process of completing patent applications and represent a global market of around 5 billion euros per year.
In the first three quarters of 2019, the company's revenue reached 700,000 euros. In the fourth quarter of 2019, the company completed A series A financing of 5 million euros, mainly for patents and R&D, as well as business development, services, marketing, management, etc. The company intends to sell the controlling stake at A valuation of not more than 15 million euros.