[Funding alert] London-based Startup Unitary Secures $15 million Series A Round Funding
Oct 3, 2023 | By Startup Rise EU
Unitary, a firm based in London that specializes in the moderation of visual data, has raised $15 million in a Series A raising money round. Creandum of Stockholm lead the startup's Series A investment, which included additional financiers Paladin Group Capital and Plural.
Follow us
Follow usThe funding coincides with Unitary growing into more than one language, expanding the staff to 53 members, and tripling the daily films it classifies to 6 million.
Contextual AI is utilized by the corporation to automate filtering of content and keep out bad actors, such as NSFW content.
RECOMMENDED FOR YOU
[Funding alert] Munich-based Retorio Raises €9 Million Series A Round Funding
Startup Rise EU
Nov 15, 2023
[Funding alert] Zurich-based Health Tech Startup Care Secures an Investment from NHL Player Kevin Fiala
Startup Rise EU
Nov 6, 2023
[Funding alert] Edinburgh-based Continuum Industries Secures $10 million Series A Round Funding
Startup Rise EU
Sep 26, 2023
Read also - Barcelona-based Incapto Raises €6 million in Funding
Unitary co-founder and CEO Sasha Haco said: "Our vision is for ethical, empathetic AI to enhance how visual content is experienced online. We’ve always focused on how we might be able to use AI to ensure a safer online experience, and keep up with the pace of internet content. This funding enables us to stay at the forefront of video understanding research and fulfil our mission of making the internet better."/
James Thewlis and Sasha Haco developed Unitary in 2019. Haco, a mathematician who earned her doctorate at Cambridge and cooperated with Steven Hawking on the black hole information problem. About Unitary
Read also - Annika Falkengren Joins Swedish Tech Company Ark Kapital’s Board of Directors
At an Entrepreneur Initial accelerator program, Thewlis, a computer vision specialist who worked previously with Facebook AI Research, was presented. Unitary says that their product can'read' the context of generated by users films by utilizing the ever-expanding capability of AI.
Read also - Bolognese Biotech startup Cellply Secures €3.6 million in Funding
In other words, the device can distinguish among video of a white nationalist rally in Charlottesville, Virginia, and video used in a documentary to highlight the risks associated with such actions. without any human involvement.
Read also - Berlin-based Proptech Startup Novo Raises €1 million Pre-seed Funding
Recommended Stories for You
[Funding alert] Paris-based Stockoss Raises €4 Million in Seed Funding
Startup Rise EU Nov 14, 2023
[Funding alert] Italian Startup Smartpricing Secures €13 Million in Funding
Startup Rise EU Dec 14, 2023
[Funding alert] Rockstart Launches Second AgriFood Fund to Double down on Early stage Impactful Ag & Food Tech Startups
Startuprise Dec 6, 2023
[Funding alert] UK-based Luminous Group Secures £1M in Funding
Startup Rise EU Nov 9, 2023
[Funding alert] Helsinki-based Vapaus Secures €15 Million in a Debt Funding
Startup Rise EU Feb 15, 2024
[Funding alert] UK-based Orbital Launch Services Company Orbex Secures £3.3m in Funding
Startup Rise EU Dec 18, 2023
Trending Stories
[Funding alert] Berlin-based Embea Secures €4 Million in Seed Funding
[Funding alert] UK-based ExactTrak Secures £1Million in Funding
[Funding alert] Munich-based Mindfuel Secures €3.75 Million in Seed Funding
[Funding alert] Stockholm-based Younium Raises €2.7 Million in Funding
[Funding alert] Lausanne-based Argá Medtech Secures €54Million in Series B Round Funding
[Funding alert] Stockholm-based Dema Raises €7 Million in Seed Funding
[Funding alert] Manchester-based ESProfiler Secures £2.8 Million in Seed Funding
[Funding alert] Hamburg-based Heyflow Secures $16Million in Series A Round Funding
