Artificial intelligence solutions, seen as the future of the technology world, are becoming more popular day by day. Artificial intelligence-supported photo editing application, which is one of these solutions Photoroomannounced that it received investment.
According to the information provided by Photoroom, the company $43 million investment in series B investment round took. 43 million dollar investment $500 million valuation Let’s add that it takes place via . The B series investment round was led by Balderton Capital.
investment tour, Balderton Capital Apart from the existing investors of the company, Y Combinator and new investor Aglaé also participated.
We will inform you that France-based Photoroom received an investment of 19 million dollars in November 2022. we had transferred. With the new investment of 43 million dollars, the total investment Photoroom has received to date is over $60 million output.
According to the information shared by Photoroom, the company will use the investment received for R&D studies and expanding its team. Photoroom also aims to double its team by the end of 2024. in 2019 Eliot Andres and Matthieu Rouif Founded in Paris by Photoroom, it offers an artificial intelligence-powered photo editing application.
Features offered by Photoroom include adding background with artificial intelligence, increasing image resolutions, editing, automatic rotation, adding images with artificial intelligence, and creating images from text with commands.
Photoroom also works with photographers and image providers from all over the world to train the artificial intelligence model it uses. 150 million times downloaded. If you wish, you can download the Photoroom application for Android. from herefor iOS from here you can download
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