Algorized Raises .3M Seed Financing

BERKELEY, CA, Algorized, an AI-powered platform pioneering advanced people-sensing and positioning software, has raised $4.3 million in seed funding.

Algorized has raised $4.3 million in seed funding to drive innovation in people sensing and support safer, seamless human-machine interaction. The investment round was led by Amazon Industrial Innovation Fund, with participation from Acrobator Ventures, Berkeley SkyDeck Fund, CoreNest Capital, Shucker Ventures and other strategic investors.

Founded on extensive academic research, Algorized enables groundbreaking sensing and positioning applications through a software-only upgrade to existing commodity sensors. The platform leverages proprietary machine learning algorithms to access a wealth of data, facilitating real-time positioning and vital sign detection in any environment. The company is pioneering innovative solutions for sectors ranging from automotive to human-machine interaction in robotics and beyond.

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By VC News Daily

Source: VC News Daily


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