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Ubicept Raises $8M To Unlock Computer Vision In All Lighting Conditions By Counting Individual Photons

Jul 25, 2023•over 2 years ago

Amount Raised

$8 Million

BostonSoftware

Investors

Phoenix Venture PartnersWisconsin Alumni Research FoundationE14 FundUbiquity Ventures

Description

Ubicept, the revolutionary computer vision technology company, today announced it has secured $8M in funding. The oversubscribed seed investment round was led by Ubiquity Ventures and E14 Fund, with participation from Wisconsin Alumni Research Foundation, Phoenix Venture Partners (PVP), and several other investors and angel contributors.

Company Information

Company

Ubicept

Location

Boston, Massachusetts, United States

About

Ubicept is a computer vision startup spun out of the labs of MIT and UW-Madison. The company is developing advanced computer vision and image processing algorithms using single-photon sensitive image sensors that can function in extreme lighting conditions, swiftly capture motion, and even see around corners.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers