The London and Cambridge Technology team advised venture capital firm Amadeus Capital Partners on its investment into V7 Ltd, as part of a $3 million seed funding round. Other investors in the round included Partech, Air Street Capital, and Miele Venture.
Amadeus Capital Partners is a global technology investor. Since 1997, the firm has raised over $1bn for investment and used it to back over 165 companies. With vast experience and a great network, Amadeus’ team of investors and entrepreneurs share a passion for the transformative power of technology. Pioneering businesses they have backed include cyber security vendor ForeScout (NASDAQ:FSCT); Graphcore, innovators in intelligent microprocessors; IVF genetic testing company, Igenomix, IndiaMART, the B2B online marketplace (NSE: INDIAMART) and speech recognition company VocalIQ (acquired by Apple).
V7 is a UK-based company developing a computer vision platform designed to accelerate scientific progress. The platform uses image and video annotation software to label, train and deploy artificial intelligence. Founded in 2018 by Alberto Rizzoli and Simon Edwardsson, V7 Labs’ platform accelerates the creation of high-quality training data by 10-100x. V7 accomplishes this by giving users the ability to build automated image and video data pipelines, organize and version complex datasets and train and deploy state-of-the-art vision AI models while managing their lifecycle in production.
For more details on the investment, please read the press release.