Visionary.ai, a Tel Aviv, Israel-based AI-powered image processing startup, closed a $4.5m seed funding.
The round was led by Ibex Investors with participation from Spring Ventures, Capital Point, and others.
The company intends to use the funds to invest in its product and algorithms and expand its R&D team.
Co-founded by Oren Debbi (CEO) and Yoav Taieb (CTO), Visionary.ai has developed AI based image signal processing algorithms which allows its software system to improve the quality of images and videos taken from all cameras.
The company has entered into major contracts and has a pipeline with major players from various sectors in both Israel and the US.