Machine learning company Peroptyx raises €1.6 million

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 71%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Co Mayo-headquartered firm is chaired by Dr Dennis Jennings, one of the founding fathers of the internet

A Castlebar-based company chaired by one of the founding fathers of the internet, has announced a €1.6 million seed extension raise.

Peroptyx, a machine learning data provider for geospatial applications, intends to use the additional financing to double its Irish headcount and expand market reach to 25 countries. The raise, which brings total investment in the company to €3.6 million, comes on the back of a number of recent customer wins for Peroptyx’s combined technology ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines