$45 million to Set Up The Largest AI Center Dedicated to Image Processing

Technology
Nov 20, 2018 by Elias Khatal
2 MIN

Yet another page turned in Meero’s amazing success story!

A pioneer in algorithmic image editing and a world leader in large-scale photo and video production, Meero is pleased to announce the closing of a $ 45 million fundraiser just eight months after its launch. first round of 15 million. For this new financing, the historical investors - Global Founders Capital, Aglae Ventures, Alven and White Star Capital - have been joined by Idinvest.

"The fact that our historical investors are renewing their trust and that new supporters are joining the Meero adventure encourages us in the strategy we have chosen to take," said Thomas Rebaud, co-founder and CEO of Meero.

This new fundraising is synonymous for our investment and progress. By putting artificial intelligence at the service of photography, we managed in 30 months to automate the editing of images, reducing the processing time of images to a few seconds when it takes several hours for a human to achieve an equivalent result.

This technological breakthrough has allowed us to offer an always efficient photo production service at (finally) affordable rates. Meero is now present in more than 100 countries worldwide. And that's just the beginning.

This new funding will enable in the coming months the creation of the largest artificial intelligence center dedicated to image processing in France and the opening of new offices in the United States and Asia.

A new adventure in which we are eager to begin!

 

 

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