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Segmentive: Closes $2.4M Seed Funding Round

  • Segmentive, a Berlin and Mittweida, Germany-based deep-tech computer vision startup, closed a $2.4m seed funding round
  • The round was led by Technologiegruenderfonds Sachsen (TGFS), an early-stage VC fund targeting high tech startups with strong growth potential
  • The company intends to use the funds to accelerate the delivery of its multi-layer segmentation technology mobile prototype and to make key hires to support execution
  • Led by Lutz Roellig, CEO, Segmentive is developing a new approach to mobile video segmentation
  • Its technology aims to overcome the limitations of conventional visual processing and mobile power by combining advanced online learning
  • Segmentive has application with mobile phone manufacturers and tech companies looking to use computer vision
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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