Seervision Receives EU Grants

(startupticker.ch, September 25, 2020)

Powered by computer vision and machine learning, ETH spin-off Seervision develops software that enables cameras to identify and track a person’s movements, while autonomously adapting the focus, zoom and framing to produce the ideal shot. Following the formal launch of their first product in 2019, Seervision has deployed 25 systems to over a dozen paying clients and recently obtained three non-dilutive grants from the European Union, worth more than CHF 2.5 million. The grants are coming at the perfect time to complement the startup’s recently launched financing round, aimed to close by the end of 2020, and will support Seervision’s next step, which according to co-founder and CEO Nikos Kariotoglou, consists of deploying their system in “cloud servers and remove the need for dedicated processing hardware.”