[Funding alert] Visual AI Company SeeChange Technologies Secures £8M in Series A Round Funding

According to Jason Souloglou, co-founder and CEO of SeeChange: “I am pleased to welcome our new investors, joining our friends at Crane who have been with us since the beginning. This is a strong vote of confidence in the unique and proven capabilities of our SeeWare platform for the entire global retail ecosystem –delivering improved profitability by enabling an enhanced and modern shopping experience. This funding will expand commercial deployment and strengthen our commercial and support teams.”

Krishna Visvanathan, General Partner at Crane Venture Partners, shared: “AI is reshaping the world as we know it, and SeeChange's groundbreaking technology promises to revolutionise the retail landscape. By providing retailers with real-time visual insights to enhance security and optimise their spaces, SeeChange is poised to redefine what’s possible in the retail industry and beyond.”

About SeeChange Technologies

They think it's important to use Visual AI technology to gain a deeper understanding of the problems and opportunities that exist in the real world. Their algorithm recognises real-world scenarios automatically and determines the appropriate course of action.

They think there's a greater possibility that sensors and robots will be in the right place at the right time if they make use of the infrastructure that already exists, opening up previously unattainable perspectives of the real world.