Learn about the largest funding rounds that have taken place in recent years in Artificial Image Recognition with Artificial Intelligence. In addition, we analyse the entry of Amadeus Ventures in CrowdVision's capital.
Learn about the largest funding rounds that have taken place in recent years in Artificial Image Recognition with Artificial Intelligence. In addition, we analyse the entry of Amadeus Ventures in CrowdVision's capital.
About Amadeus Ventures
Amadeus Ventures is a fund created in 2014 to drive strategic value through early-stage minority investments in travel and technology startups.
Its portfolio investees gain access to an extensive global network, industry knowledge and technology. Amadeus Ventures invests in startups with scalable business models, strong financial potential and exceptional teams.
Companies in the Amadeus portfolio include BlueSmart, Olset, BookinPal, Cabify, Yapta, Flyr, Betterez, Avuxi, Situm and now CrowdVision.
About CrowdVision
CrowdVision is a company that helps airports manage the increase in travellers so that they can benefit from a faster check-in process and shorter queues at security checkpoints.
CrowdVision's video-based people tracking software shows what is happening across an entire pedestrian population, in real time. This enables operators of infrastructure such as airports, transportation hubs, shopping malls, convention centres and theme parks to act decisively to increase efficiency and profitability, both now and in the future, while enhancing their customers' experience.
CrowdVision's technology was first developed in the mid-2000s, and the company was established shortly thereafter.
CrowdVision currently employs approximately 40 people, with a technical and R&D team based at its London headquarters alongside its EMEA regional office. It also has additional regional offices in New York and Melbourne.
Amadeus invests in CrowdVision
Amadeus Ventures, the corporate investment arm of Amadeus, has invested in CrowdVision, a specialist company that aims to help airports manage passenger growth to benefit from a faster check-in process and shorter queues at security checkpoints.
The International Air Transport Association (IATA) estimates that by 2035 at least 7.2 billion passengers will travel by air, almost doubling the 3.8 billion passengers recorded in 2016 worldwide.
"Together with CrowdVision, we will be able to help airports better anticipate and respond to traveller flows to make better investment and planning decisions, all in real time. We are committed to helping airports improve their operations and performance, because when airports run smoothly, everyone benefits: airports can get more value from their retail areas, more flights can take off on time and travellers enjoy better journeys," said Suzanna Chiu, Head of Ventures at Amadeus.
Rounds of investment in AI Image Recognition
| Company | Description | Country | Amount | Date |
|---|---|---|---|---|
| Spire | Spire Global is a cloud-based data analytics company that uses satellites to provide maritime, aerial and weather tracking. | USA | $70M | 2017 |
| $40M | 2015 | |||
| $25M | 2014 | |||
| $1,2M | 2013 | |||
| SpeedCast | SpeedCast is a leading satellite telecommunications service provider offering high quality managed network services. | Hong Kong | A$61,2M | 2016 |
| ITC Global | ITC Global provides voice and data wide area networking services for corporations and organisations around the world. Its expertise spans a wide range of industries, including mining, maritime, energy and NGOs. | USA | $5,45M | 2011 |
| ShipServ | ShipServ provides an e-commerce platform that helps marine and overseas buyers find suppliers easily and trade efficiently. | United Kingdom | $3,25M | 2010 |
| Aterlo Networks | Aterlo Networks focuses on the development of network products for Internet users and broadcast media. It offers its solutions for Internet service providers and content providers; maritime, energy, and mining sectors; and the field. | Canada | $1M | 2016 |