XXII has raised a $23.6M funding round to provide AI-powered video camera solutions. The platform enables real-time analysis.
- XXII provides real-time video camera analysis solutions that help cities and organizations track:
- Illegal dumping,
- Parking management,
- Intrusions, etc.
- The round was led by Fonds Innovation Défense, 574 Invest, CIB Développement, Techmind, Kima Ventures, and the Duval Group.
- The company aims to use the funds to:
- Recruit new talent
- Mass deploy its technology,
- Address new markets and speed up international development in the U.S., Europe, and the Middle East.
- The company was founded in 2015 and is based in Paris, France.
- It currently has over 70 employees.
