Algolux closes $18.4 million Series B round for robust computer vision
New investment will serve to accelerate market adoption of Algolux’s robust and scalable computer vision and image optimization solutions
MONTREAL, July 12, 2021 /PRNewswire/ – Algolux, a globally recognized computer vision software company, today announced it has raised $18.4 million in Series B funding. This round was co-led by Forte Ventures and Drive Capital with additional funding from new investors Investissement Quebec, Castor Ventures, and Nikon-SBI Innovation Fund, as well as existing investors GM Ventures, Generation Ventures, and Intact Ventures.