Wednesday 18 November 2020

Computer vision company Chooch AI closes US$20 million Series A round

KUALA LUMPUR, Nov 17 -- Computer vision AI platform, Chooch AI has announced its US$20 million Series A round led by venture capital firm Vickers Venture Partners. (US$1 = RM4.104)

Additional institutional funding include from 212, Streamlined Ventures, Alumni Ventures Group and Waterman Ventures, among others.

Chooch replicates human visual tasks and processes using a complete computer vision deployment process across a wide variety of industries.

According to a statement, the proprietary technology has been deployed at scale for enterprise applications including geospatial, healthcare, security, media, industrial and retail.

Clients include Fortune 500 companies and the US Government. This series A Growth round will serve to build out the strategic engineering team, top data scientists, and the creation of a global sales force.

Chooch AI is a member of the NVIDIA Inception and Metropolis programmes and can be mass deployed on GPU-powered edge devices and PCs. It allows remote management of AI models, devices and video streams from the Chooch AI dashboard in the cloud.

Unlike single-purpose computer vision systems, Chooch Al can rapidly ingest and process visual data from any spectrum, generating AI models in hours that can detect objects, actions, processes, coordinates, states, and more.

More details at https://chooch.ai

-- BERNAMA

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