TwentyBN Raises $10M in Series A Funding

20bnTwenty Billion Neurons GmbH, a Berlin, Germany- and Toronto, Canada-based provider of real-time, interactive computer vision and artificial intelligence (AI) solutions, raised $10m in Series A funding.

The round was led by M12, Microsoft’s venture fund, with participation from Coparion, Creative Edge, and MFV Partners.

The company intends to use the funds to scale the business.

Founded in 2015 and led by Roland Memisevic, CEO and CSO, TwentyBN is building an AI system that interacts with humans while “looking” at them – enabling it to understand their behaviour, surroundings and the full context of the engagement.
At the core of its system is a crowd-acting platform that allows humans to engage with and teach AI about everyday aspects of lives and the physical world, , from workplaces to homes and to the interiors of the vehicles. Through crowd-acting, TwentyBN currently hosts a large dataset with over two million annotated video clips. When combining data with the company’s deep neural networks, the solutions provide human-like “awareness” of everyday scenes and situations – through an RGB camera.

To date, the company has offerings in touchless sensing, scene understanding, and context-aware human computer interaction.

Enterprise customers can license the technology to enable camera-equipped devices to understand and interact with their users in a human-like way.

Outside the commercial world, TwentyBN is a dedicated contributor to academic AI research, including partnerships with the MILA institute in Montreal. The company has also released two large-scale video datasets and baseline code to the public for academic purposes and licensed technology and data to research labs and corporations. More than 42 of the world’s top 100 universities and 2 of the top 50 companies on Forbes Global 2000 already use TwentyBN technology for research and commercial purposes.



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