We’re thrilled to announce Black Pearls VC pre-seed investment of 700 K PLN into one of TEONITE portfolio companies - Deep-Image.AI.
Deep Image is an AI image processing and enhancing service (SaaS). It started as a TEONITE product and grew organically gaining a lot of traction, reaching 1.5 million users worldwide and 250 K enhancements monthly. As a Venture Builder, it was a strategic decision for us to turn an in-house product into an independent startup. That motivated us to partner with VC fund and increase the chances of success by raising the capital.
Though Deep-Image.AI completed our incubation process and is gaining a new board and team, it will still receive technical support and business advisory - just as any other venture we invest in.
We hope that cooperation with an experienced partner like Black Pearls will lift the venture to the next level. We also want to personally thank Wojciech Drewczyński for his engagement.
Find out more about TEONITE Ventures.