Israel-based image recognition technology developer Imagry has secured $7m from investors including consumer electronics manufacturer Samsung, Geektime reported on Wednesday.
Samsung was joined by Takwin Labs, the Arab Israeli-focused entrepreneurship foundation that provided $400,000 in seed capital for Imagry in 2015.
Founded in 2015, Imagry is working on an image recognition engine that businesses can embed in devices in order to help them recognise specific objects in real time.
The startup was among the participants in software provider Microsoft’s Tel Aviv accelerator in 2016, though it did not receive any equity funding as part of the process.