South Africa: Kalon Venture Partners invests in VisionAI
VisionAI enables manufacturing and supply chain companies to use existing CCTV feeds and visual AI to track key business metrics.
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VisionAI, an AI and computer vision solutions provider, has announced an investment from South African VC firm Kalon Venture Partners.
VisionAI’s technology helps manufacturing and supply chain companies leverage their existing CCTV camera feeds with visual AI to track business critical metrics that lead to increased productivity, cost savings and reduced operational risk.
Trevor Ahier, chairperson and co-founder of VisionAI, commented: "We're delighted to welcome Kalon Venture Partners on board. Their investment highlights the substantial impact our visual AI technology is already making across South Africa, the UK, and Australia, while signaling the immense growth potential ahead. Together, we look forward to advancing AI innovation to further enhance operational efficiency."
Leron Varsha, acting CEO of Kalon Venture Partners, stated: "VisionAI is set to transform the visual intelligence landscape. The combination of their exceptional team and innovative technology positions them as leaders in the AI space. We are thrilled to support their growth journey."
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