What is XXII?
Founded in 2015 and headquartered in Puteaux, France, XXII specializes in the development and deployment of high-performance computer vision software. Its flagship product, XXIICORE, is a versatile SaaS platform designed to configure and manage complex algorithms for the analysis of live video streams. By transforming raw visual data into actionable intelligence, the platform enables organizations to optimize field operations and improve safety protocols. The company's market position is defined by its commitment to increasing human sensory capabilities through technology, serving a diverse clientele that includes municipal governments and large-scale private enterprises. XXII's technology is currently deployed in numerous cities, demonstrating its scalability and reliability in high-stakes environments.
How much funding has XXII raised?
XXII has raised a total of $23.7M across 1 funding round:
Series A
$23.7M
Series A (2023): $23.7M with participation from 574 Invest, The Duval Group, CIB Développement organisationnel (www.cib-rh.com, Techmind, and Kima Ventures
Key Investors in XXII
574 Invest
574 Invest is the investment fund of the SNCF Group dedicated to startups, primarily focusing on Series A investments in France and Europe to support the mobility ecosystem.
Kima Ventures
Kima Ventures is the venture capital arm of Xavier Niel, acting as one of the most active early-stage investors globally with a focus on pre-seed to seed startups.
The Duval Group
The Duval Group provides specialized executive search and recruitment services, focusing on technical markets including civil engineering and industrial capital equipment.
What's next for XXII?
With the successful closure of this major enterprise-level funding, XXII is poised to enter a new phase of international scaling and product refinement. The strategic focus will likely center on expanding the reach of the XXIICORE platform, further integrating its capabilities into smart city initiatives and industrial automation workflows. As the demand for automated video analytics continues to rise, XXII is strategically positioned to leverage its existing partnerships and technical expertise to capture a larger share of the global market. Future growth will likely involve deepening its R&D efforts to maintain a competitive edge in algorithmic precision and user-centric interface design, ensuring that the company remains at the forefront of the artificial intelligence and computer vision revolution.
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