Fyma secures £1.7m from Quadri Ventures and Second Century Ventures to fund product development and market expansion
The investment round was led by Quadri Ventures and will support further research and commercial growth.
Fyma provides artificial intelligence software that integrates with existing camera networks to analyse video feeds in real time. The technology helps commercial real estate operators monitor occupancy, footfall and parking management.
Fyma has secured £1.7m in a fresh funding round led by Quadri Ventures, with participation from Second Century Ventures and VeUP. The capital will be directed towards accelerating commercial expansion and advancing research and development initiatives, including integration with large language models and generative artificial intelligence tools.
The London-based business offers an AI platform compatible with any standard IP camera, providing property managers and real estate developers with analytics covering space utilisation, footfall tracking and environmental sustainability data. The fresh backing will support the firm as it scales its operations globally.
From the founder
"It is a really exciting time for Fyma, and we are delighted to have secured the support of Quadri Ventures, SCV and VeUP to continue our growth journey. Our innovative AI solution saves enormous amounts of time and money for our customers and armed with this investment, technological support and the fantastic strategic network of SCV, we will continue to develop our solutions to deliver valuable, market leading software for our global client base."
Karen Burns
CEO at Fyma
Investor perspective
"Fyma is working at the cutting edge of AI automation to seamlessly deliver new insights for property groups and real estate companies around the globe. Their laser-like focus on ease of deployment and scalability coupled with a simple end user experience is what we feel separates Fyma apart from legacy solutions across this space. We are excited to partner with Fyma and feel confident Quadri’s comprehensive go-to-market support, corporate connections and deep cloud expertise will help propel Fyma rapidly toward the next stage of their evolution."
Andrew Drylie
Principal, Quadri Ventures
Use of funds
- 01Accelerate go-to-market
- 02Fund research and development
- 03Continue product development
