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 advanced AI-driven computer vision and machine learning to enhance independence for individuals with visual impairments, reading challenges, or hearing loss. OrCam's innovative solutions are designed to bridge the gap for those facing such challenges, offering a significant technological advantage in the assistive technology market.
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 Aviv Venture Capital, BRM Capital, and Intel 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. They are known for their strategic investments in companies poised for significant technological advancement.
Aviv Venture Capital
Aviv Ventures is a venture capital firm that invests in high-tech companies in Israel, focusing on those with breakthrough technologies and significant intellectual property. They provide strategic guidance to help companies bridge gaps to target markets.
BRM Capital
BRM Capital, previously referred to as Prestige Capital, has a long history of providing substantial funds to companies by converting accounts receivable into immediate working capital, supporting business growth and turnarounds.
What's next for OrCam?
With a history of substantial enterprise-level funding and recent strategic investments, OrCam is well-positioned for continued expansion and technological advancement. The company's focus on AI for accessibility suggests a strategic direction towards scaling its impact and potentially exploring new applications for its core technology. Future growth will likely involve further product development, market penetration, and strategic partnerships to broaden its reach and enhance its offerings in the global assistive technology landscape.
See full OrCam company page
