Groundlight, a Seattle, WA-based artificial intelligence (AI) startup that emerged from stealth today with the launch of its new computer vision platform and $10 million in seed round funding.
The round was led by Madrona, with participation from Greycroft Partners, Founders Co-op, Flying Fish, AscendVC, and EssenceVC.
The platform allows developers to interpret images programmatically using simple English language instructions and minimal code. It is meant to be integrated into applications such as video stream analysis, industrial automation, process monitoring, retail analytics, and robotics.
The service is currently available to a select group of customers through its pilot program. The startup plans to expand its availability and features in the coming months. The platform enables developers, even those without data science experience, to rapidly build robust vision solutions.
“We feel like the world is on the cusp of a revolution that, in the last 10 years, robots couldn’t do a quarter of the things they do today. But you look at what Boston Dynamics can do, and what other quadrupedal and bipedal robots can do…They are really approaching human-level physical capabilities,” Groundlight founder and CEO Leo Dirac said in an interview with VentureBeat.
Company: Groundlight, Inc.
Raised: $10.0M
Round: Seed Round
Funding Month: April 2023
Lead Investors: Madrona
Additional Investors: Greycroft Partners, Founders Co-op, Flying Fish, AscendVC and EssenceVC
Company Website: https://www.groundlight.ai/
Software Category: Computer Vision powered by Natural Language
About the Company: Founded in 2019 by Leo Dirac and Avi Geiger, Groundlight offers a unique solution for building computer vision systems using natural language instructions tailored to specific needs that allows for instant customization. The technology taps into a company’s network of cameras to gather real-time data. Groundlight's service enables any developer to understand images programmatically using simple English language instructions and just a few lines of code. Groundlight's platform is easily integrated into applications such as industrial automation, process monitoring, retail analytics, video stream analysis, and robotics. Groundlight's innovative platform empowers any developer, even those without data science experience, to quickly build robust vision solutions.
Source: https://venturebeat.com/ai/groundlight-emerges-stealth-10m-seed-round-businesses-computer-vision/