Co-led by Radical Ventures and Temasek, this funding round propels V7 to new heights, enabling the acceleration of AI innovation.
In a groundbreaking move, V7, the leading data engine for AI, has successfully raised $33 million in a Series A financing round co-led by Radical Ventures and Temasek. This significant funding, joined by Air Street Capital, Amadeus Capital Partners, and Partech, positions V7 at the forefront of the AI landscape.
V7’s platform plays a pivotal role for Fortune 500 companies, scaleups, and startups, facilitating the development of sophisticated AI models that learn and evolve from diverse unstructured data sources, including medical records, paper documents, and videos.
With a notable clientele, including GE Healthcare, Paige AI, and Siemens, V7’s automation of the labeling process has proven to be a game-changer, allowing companies to address data labeling tasks ten times faster. The company’s unique “programmatic labeling” workflows, featuring AI models and minimal human intervention, contribute to the rapid evolution of AI capabilities.
The Series A funding round attracted participation from esteemed figures in the machine learning realm, including Francois Chollet, Oriol Vinyals, Jose Valim, Ashish Vaswani, and leaders from OpenAI, Twitter, and Amazon. This infusion of capital, the largest in its category, will drive V7’s expansion into the US market and support its growth in response to escalating market demand.
Source – V7 Labs
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