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Fyma Raises $2.1M in Funding

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Estonia's AI video analysis startup Fyma secures $2.1M to propel real estate solutions

Estonia's AI video analysis startup Fyma secures $2.1M to propel real estate solutions
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An Estonian start-up is making use of otherwise redundant data from CCTV


Estonian start-up Fyma secures 1.4 million euros to turn CCTV cameras into AI-powered motion analytics sensors.
Estonian computer vision start-up Fyma (formerly known as Visory), has announced the closure of a 1.8 million US dollars (1.4 million euros) seed round led by Change Ventures. Other investors including 7 Percent, Decacorn, Lemonade Stand, Tiny VC, existing investor Superangel, and a number of angel investors including two former TransferWise executives – also participated in the round.
The new funding brings the total raised by Fyma to date to 1.7 million euros.
Unused data
Founded in 2019, Fyma’s mission is to enable businesses and institutions to make better strategic decisions by turning conventional cameras into sensors. The company’s SaaS (software as a service) platform analyses data from live video feeds, enabling clients to understand and contextualise patterns of movement in individuals such as pedestrians and shoppers. The software can a ....

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