Sponsored Links Algolux, an AI software company based out of Quebec, has announced the closure of series B funding, raising $18.4 million to help accelerate market adoption of the company’s scalable computer vision and image optimization solutions. GM Ventures was among the companies leading this investment round. The other companies leading the series B funding round included Forte Ventures, Drive Capital, Investissement Quebec, Castor Ventures, Nikon-SBI Innovation Fund, Generation Ventures, and Intact Ventures. GM Ventures initially invested in Algolux in 2018, pouring millions into the Canadian technology company. The software company received $10 million during Series A funding. Algolux develops technology that enables the operation of autonomous vehicles, including image optimization to provide critical data to self-driving vehicle algorithms.