Spectral Edge, a Cambridge UK-based image fusion technology company, secured $5.3m in funding.
Backers included existing investors Parkwalk Advisors and IQ Capital.
The company intends to use the funds for expansion of the R&D team to 12, with specialism in image processing, machine learning and embedded software development.
Led by Rhodri Thomas, CEO, and Ilya Romanenko, CTO, Spectral Edge combines imaging science with machine learning to improve pictures and videos on mass market devices. This is done in real time with a pixel-level, embeddable technology that can be implemented in software or in silicon.
The technology behind the process can be used across a range of potential applications that rely on image quality for either function or aesthetics – from mobile to security, and from automotive to on-demand video or live broadcast. It will also support the development of real world applications in key areas of focus, in particular smartphones, webcams and security applications alongside the existing products for the TV & display industries.
FinSMEs
11/04/2018