TECHNOLOGY

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

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!

 

 

20 Nov 2018 by Elias Khatal

Trending articles

PHOTOGRAPHY

The Master of Hyperrealism

Each canvas is delicately painted with an end result of hyper-realism. As you zoom into the detail it seems almost unimaginable that these photos are not actually taken with a camera but painted by Korean artist Young-Sung Kim.

25 Oct 2018 by Lisa Scarpa
SOCIETY

6 ways the Hotel Industry should Target Millennials

Anyone in the hotel industry should be targeting millennials because the largest working generation will also be 50% of the consumer generation by 2020. Millennials are in their young adulthood and are becoming the world’s most important generation in consumer spending growth and leaders in overall economic future. So, they are worth the investment!

20 Nov 2018 by Phoebe Cook

Similar articles

REAL ESTATE

How To Create Listings That Sell

Making a good first time impression is a must! This it the reason behind the necessity of professional photos, specifically realistic ones. For a customer, this is going to be the biggest investment of their life. When putting up a property or a listing, certain elements are essential. Here they are!

28 May 2018 by Lisa Scarpa
TECHNOLOGY

Innovating to Accomodate to The Housing Crisis

Having access to housing is something the UN considers an essential human right, yet as the population grows, the ability to ensure that every individual has somewhere to call home has become progressively more difficult. However, many innovative businesses are working to create more efficient, affordable and sustainable housing to take us into the future.

20 Nov 2018 by Lisa Scarpa