What is OrCam?
Founded in 2010 by Prof. Amnon Shashua and Mr. Ziv Aviram, the co-founders of Mobileye, OrCam Technologies is a global leader in personal AI technology platforms. The company leverages sophisticated AI-driven computer vision and machine learning to empower individuals with visual impairments, reading challenges, or hearing loss, thereby fostering greater independence. OrCam's innovative approach positions it at the forefront of assistive technology, translating complex AI capabilities into practical, life-changing applications.
How much funding has OrCam raised?
OrCam has raised a total of $86.4M across 2 funding rounds:
Series A
$15M
Series B
$71.4M
Series A (2014): $15M with participation from Intel Capital
Series B (2018): $71.4M led by BRM Capital, Intel Capital, and Aviv Venture Capital
Key Investors in OrCam
Intel Capital
Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, and a wide range of other technologies. It curates thousands of business development introductions each year and is headquartered in Santa Clara, California.
BRM Capital
BRM Capital, formerly Prestige Capital, has a long history of providing funds to companies by converting accounts receivable into immediate working capital, aiming to help businesses grow or turn around their operations.
Aviv Venture Capital
Aviv Venture Capital, established in 2001, invests in high-tech companies in Israel with breakthrough technologies and significant intellectual property, providing strategic guidance to help them bridge gaps to their target markets.
What's next for OrCam?
The substantial enterprise-level funding and recent strategic investment indicate OrCam's robust growth phase and its commitment to expanding its technological reach. This capital infusion is expected to fuel further research and development in AI-driven computer vision and machine learning, potentially leading to new product lines or enhancements to existing offerings. The company's focus on enhancing independence for individuals with disabilities suggests a continued emphasis on market penetration and global accessibility for its assistive technologies.
See full OrCam company page
