Hong Kong Startup Dayta AI Netted $5M in Latest Series A Round to Fuel Overseas Expansion

Dayta AI, video analytics solution provider, has raised $5 million Series A round co-led by VU Venture Partners and Transcend Capital PartnersSAN FRANCISCO, CALIFORNIA, UNITED STATES, July 21, 2023/ EINPresswire.com / -- Dayta AI, video analytics solution provider, announced it has raised $5 million in their latest Series A round. Their product, Cyclops, enables brick-and-mortar retailers to optimize their sales, traffic and operations under the aegis of Computer Vision and Business Intelligence. Their applications stretch across retail stores, shopping malls, supermarkets, airport lounges and restaurants, serving clients in Hong Kong and Asia Pacific region.The fresh funds will be used to further optimize the cloud infrastructure and develop new AI models. The latest version improved algorithm quantization, quality dataset expansion and infrastructure scalability to boost model performance and stability. It also entailed a streamlined general setup that expedites the onboarding process, a wider variety of data visualization tools, and new functions such as workplaces, teams, touchpoints, data series and user access grant.Another primary use of proceeds will be deployed in fueling overseas expansion.