- 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
