What is XXII?
Founded in 2015 and headquartered in Puteaux, France, XXII specializes in the development and marketing of XXIICORE, a SaaS platform designed for deploying and configuring algorithms to analyze video streams. The platform is already operational in numerous cities and private sites, enabling operational teams to optimize field actions for improved speed and effectiveness. XXII's objective is to expand the capabilities of human perception through advanced vision technologies.
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 The Duval Group, 574 Invest, Kima Ventures, CIB Développement organisationnel (www.cib-rh.com, and Techmind
Key Investors in XXII
The Duval Group
The Duval Group, established in 1978, offers career services with a focus on technical markets, including architectural and civil engineering. As an independently owned franchise of Management Recruiters International (MRI), they leverage a global network to assist both individuals and employers in achieving their goals.
574 Invest
574 Invest is the investment fund of the SNCF Group, concentrating on Series A investments in France and Europe. Their focus areas include Mobility, Industry 4.0, and Climate Tech, aiming to support the development of the mobility ecosystem with long-term dedicated support.
Kima Ventures
Kima Ventures, the venture capital arm of Xavier Niel, is a highly active early-stage investor, funding approximately 100 startups annually from pre-seed to seed stages. Based at Station F in Paris, Kima has a significant track record of investing in successful startups.
What's next for XXII?
With this substantial backing, XXII is poised to further scale its operations and enhance its technological offerings. The strategic investment will likely fuel research and development, expand market reach both nationally and internationally, and strengthen partnerships. The company's focus on democratizing vision technologies suggests a future where AI-powered visual analysis becomes an integral tool for a wider range of industries and public services, driving innovation and efficiency.
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