Raises Successful Series A Financing Round
Summary
brighter AI raises a Series A round led by new investor Armilar Venture Partners to scale up its unique PrivacyTech solution for video and image data. We are very excited to have the opportunity to join existing shareholders and to support Marian Gl\xe4ser, Tobias Stelzer and the whole team taking the company to the next level.We are pushing the boundaries of what is possible in privacy protection for video and image data with tremendous success. The entire team is looking forward to having Armilar Venture Partners by its side to scale the company to the next level.brighter AI provides anonymization solutions based on state-of-the-art deep learning technology to protect every identity in public.Cameras are the most powerful sensor for use cases such as autonomous driving, intelligent retail and smart cities. An independent VC with a history of more than 20 years, a high-performance track record and an international footprint, Armilar is a deep-tech investor, with a focus on early-stage technology-based companies where data, digitisation and connectivity play a central role. Currently, Armilars funds under management amount to about 300 million, deployed typically as lead investor in seed to early-stage deals in companies in Portugal, Europe and the USA.
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