Muybridge raised a Series A for 8,750,000 USD in October, 2024.
Muybridge, a deep-tech company focused on real-time computer vision technology, has raised €8 million in funding to commercialize its cutting-edge imaging platform. The round was led by Fairpoint Capital, with participation from RunwayFBU, Idekapita, and Vikingstad Invest. Muybridge's platform is designed to transform the way cameras are used across industries by replacing hardware complexity with software-driven solutions. The new funds will support the company’s efforts to bring this platform to market, enabling applications across sports, broadcasting, and enterprise communication sectors, as well as expanding its team.
Muybridge’s technology promises to make a significant impact by simplifying and enhancing real-time imaging, improving efficiency and lowering costs for businesses that rely on advanced camera systems. By transforming imaging hardware into flexible software solutions, Muybridge enables a more scalable and adaptable approach to high-quality video capture and analysis.
The company’s CEO expressed excitement about the future prospects, noting that the funding will accelerate the commercialization process and bring Muybridge’s technology to a broader market. With support from experienced investors, the company is well-positioned to push the boundaries of imaging innovation.
Fairpoint Capital, the lead investor, noted the potential of Muybridge’s platform to disrupt traditional imaging technology and deliver significant value to industries that rely on real-time visual data. The platform’s ability to simplify complex imaging setups and optimize workflows makes it a compelling solution for sectors where visual clarity and speed are critical.
Muybridge aims to use the funds not only to commercialize its platform but also to invest in research and development, expanding the platform’s capabilities and exploring new applications for its technology. The investment will also enable the company to expand its team, bringing in additional expertise to further drive innovation and growth.
In conclusion, the €8 million funding round is a key milestone for Muybridge as it seeks to revolutionize the imaging industry. With strong investor backing and a clear vision for the future, the company is poised to make a significant impact on industries that rely on advanced camera systems and real-time visual data processing.