V7 Raises $33M in Series B

V7 has successfully raised $33M in a Series B at a $100M valuation led by Radical Ventures, Amadeus Capital Partners, Air Street Capital, Creandum.

Company Overview

V7 is a AI/ML company headquartered in The Bower, London EC1V 2NX, United Kingdom, founded in 2018 with 100+ employees.

AI data engine for visual tasks

Fundraising Details

Amount Raised: $33M
Round Type: Series B
Valuation: $100M
Date: 2024-06-13
Investors: Radical Ventures, Amadeus Capital Partners, Air Street Capital, Creandum

About V7

AI data engine for visual tasks The company is positioned in the AI/ML sector, serving a growing market with innovative solutions.

Key Information

Headquarters: The Bower, London EC1V 2NX, United Kingdom
Founded: 2018
Team Size: 100+
Industry: AI/ML

What This Means

This funding round demonstrates strong investor confidence in V7's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The AI/ML sector continues to attract significant investment as companies innovate to meet evolving market demands. V7's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $100M valuation marks an important milestone for V7, positioning the company among notable players in the AI/ML industry.

Looking Ahead

With this new capital, V7 is well-positioned to execute on its growth strategy and continue building innovative solutions in the AI/ML space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-06-13. For more information about V7, visit their headquarters at The Bower, London EC1V 2NX, United Kingdom.