SA’s visionAI generates funds to support AI innovation in various industries
The vision of South AfricaLeading provider of computer vision and artificial intelligence solutions, AI recently revealed an investment from Kalon Venture Partners to support its expansion as it continues to revolutionize a number of industries, including supply chain and manufacturing.
Manufacturing and supply chain operations can use visual AI to track business-critical metrics from their existing CCTV camera feeds, which increases productivity, lowers operational risk, and saves money.
Now that it has obtained an undisclosed sum of money from Kalon Venture Partners, visionAI will be even more equipped to revolutionize the application of AI in these fields.
“We’re delighted to welcome Kalon Venture Partners on board. Their investment highlights the substantial impact our visual AI technology is already making across South Africa, the UK, and Australia, while signalling the immense growth potential ahead. Together, we look forward to advancing AI innovation to further enhance operational efficiency,” said Trevor Ahier, chairperson and co-founder of visionAI.
According to Leron Varsha, acting CEO of Kalon Venture Partners, visionAI is poised to revolutionize the field of visual intelligence.
“The combination of their exceptional team and innovative technology positions them as leaders in the AI space. We are thrilled to support their growth journey,” he said.
