Perfection42 Raises €1.1M in Seed Funding

Perfection42

Perfection42, a Vilnius, Lithuania-based AI development startup, raised €1.1m in seed funding.

Backers included CoInvest Capital, OCC, Lithuanian Business Angel Network LitBAN syndicate, Justas Janauskas, and other business angels.

The company will use the funds for further AI technology development and sales efforts globally..

Co-ed by CEO Simona Vasytė-Kudakauskė and CTO Kestutis Tauckela, Perfection42 provides artificial intelligence solutions for game development, animation, architecture, design, and art industries. The company’s solution helps reduce the time required to render computer-generated imagery (CGI), eliminating multiple manual repeating processes and increasing work efficiency without sacrificing quality.

FinSMEs

10/04/2023