Algorized, a Berkeley, CA-based provider of an AI-powered platform developing advanced people-sensing and positioning software, raised $4.3M in Seed funding.
The round was led by Amazon Industrial Innovation Fund, with participation from Acrobator Ventures, Berkeley SkyDeck Fund, CoreNest Capital, Shucker Ventures and other strategic investors.
The company intends to use the funds to drive innovation in people sensing and support human-machine interactions.
Led by CEO Natalya Lopareva, Algorized enables sensing and positioning applications through a software-only upgrade to existing commodity sensors. The platform leverages proprietary machine learning algorithms to access a wealth of data, facilitating real-time positioning and vital sign detection in any environment. The company is advancing innovative solutions for sectors ranging from automotive to human-machine interaction in robotics and beyond.
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