V7 secures $33m Series A funding to expand US operations
The financing was co-led by Radical Ventures and Temasek to fuel expansion in the United States.
V7 provides a data engine platform that allows companies to automate the labeling process and build computer vision models. Its technology is relied upon by a broad range of clients to accelerate the deployment of machine learning applications.
V7 has raised $33m in a Series A financing round co-led by Radical Ventures and Temasek. The capital will support the company as it expands its footprint in the United States and grows its team within its primary market.
The funding sees participation from existing backers including Air Street Capital, Amadeus Capital Partners, and Partech. A range of prominent machine learning pioneers and industry figures also contributed to the round.
From the founder
"The next generation of software won’t run on code, it will run on models fueled by training data. We let our clients easily turn human knowledge into AI models, improving the safety and accuracy of AI. This is incredibly powerful, and in the right hands, can literally save lives. If we want to build software that tackles unsolved frontiers in human health, or our climate, this is the only way"
Alberto Rizzoli
CEO at V7
Investor perspective
"As data proliferation continues, intelligent data orchestration is essential for businesses looking to deploy machine learning models"
Parasvil Patel
Partner, Radical Ventures
Use of funds
- 01Expand into international markets
- 02Grow the team
Investors
Parasvil Patel
Radical Ventures
Temasek
Nathan Benaich
Air Street Capital
Pierre Socha
Amadeus Capital Partners
Partech