Presti, a Paris, France-based startup specializing in AI-generated product photos, has secured $3.5 million in seed funding.
Investors
The round was led by Partech, with participation from notable angel investors including Thibaud Elzière, Maxime Brousse, Abou Laraki, Rémi Lemonnier, and Julien Hirth.
Partech, a global tech investment firm backs from seed through to the growth stage. They brings together capital, operational experience, and strategic support for the entrepreneurs. Currently, the firm manages around €2.5 billion AUM and a portfolio of 220 companies in 40 countries across 4 continents. Partech is headquartered in Paris, with offices in Berlin, Dakar, Dubai, Nairobi, and San Francisco.
Presti Use of Funds
The company will use the funds to expand its market presence and further enhance its technology and product offerings.
About Presti
Founded in 2022 and led by Nabil Toumi, Presti aims to revolutionize product photography through generative AI and diffusion models. The company offers a solution that generates realistic backgrounds, enabling brands to create high-quality product images quickly and cost-effectively using artificial intelligence. Their technology aims to revolutionize traditional product photography by reducing time and cost constraints, making it accessible to a wider range of businesses. Presti has particularly targeted the furniture industry with its AI-driven photography solutions.
Funding Details
Company: Presti
Raised: $3.5M
Round: Seed Round
Funding Month: July 2024
Lead Investors: Partech
Additional Investors: Thibaud Elzière, Maxime Brousse, Abou Laraki, Rémi Lemonnier, Julien Hirth
Company Website: https://www.presti.ai/
Software Category: AI Photography Solutions
Source: https://siliconcanals.com/french-startup-presti-raises-3-2m/