Russian surveillance tech startup NtechLab nets $13M from sovereign wealth funds

Russian surveillance tech startup NtechLab nets $13M from sovereign wealth funds

3 years ago
Anonymous $rxtAWepgzY

https://techcrunch.com/2020/09/28/russian-surveillance-tech-ntechlab-raises-13-million/

NtechLab, a startup that helps analyze footage captured by Moscow’s 100,000 surveillance cameras, just closed an investment of more than 1RUB billion ($13 million) to further global expansion.

The five-year-old company sells software that recognizes faces, silhouettes and actions on videos. It’s able to do so on a vast scale in real time, allowing clients to react promptly to situations It’s a key “differentiator” of the company, co-founder Artem Kukharenko told TechCrunch.