Funding

[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.
Team Unitary

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.

The 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

recomd
Funding
[Fundingb alert] Dutch AI Startup Whispp Secures €750k in Seed Funding
Startup Rise EU
Jan 9, 2024
recomd
Finland
[Funding alert] Helsinki-based Vapaus Secures €15 Million in a Debt Funding
Startup Rise EU
Feb 15, 2024
recomd
Funding
Funding Wrap of the Week | European Startups Funding Roundup | March 17 – March 22
Startup Rise EU
Mar 23, 2024

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."/

About Unitary

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.

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

story
Funding

[Funding alert] London-based Liberis Secures $112M in debt Funding

Startup Rise EU Dec 11, 2023

story
Funding

[Funding alert] Milan-based Contents.com Secures $18M in Series B Round Funding

Startup Rise EU Jan 9, 2024

story
Funding

[Funding alert] Groningen-based QDI Systems Secures €5 Million in Series A Round Funding

Startup Rise EU Jan 16, 2024

story
Funding

[Funding alert] Cambridge-based Spotta Secures £3M in Funding

Startup Rise EU Dec 16, 2023

story
Funding

[Funding alert] Genie Raises $1.2M Pre-seed Round to Empower Data Science and R&D Teams with its No-Code App Builder

Startup Rise EU Oct 5, 2023

story
Funding

[Funding alert] Berlin-based Midas Secures $8.75Million in Funding

Startup Rise EU Mar 29, 2024