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Muybridge raises €8M
October 11, 2024·2 min read

Joy Laoun

News Editor, Vestbee

Oslo-based startup Muybridge raises €8M led by Fairpoint Capital

Oslo-based startup Muybridge, which reimagines cameras as software platforms for real-time computer vision and imaging solutions, has raised €8 million (NOK 93.5 million) in funding led by Fairpoint Capital, with participation from Idékapital, RunwayFBU, and Vikingstad Invest. 

  • Founded in 2020 by Anders Tomren and Håkon Espeland, Muybridge develops cutting-edge imaging technology that transforms traditional cameras into powerful software platforms. The software enables capturing moments in ways previously impossible, allowing for real-time computer vision and advanced image processing.
  • Muybridge's platform offers unique software via APIs and SDKs, enabling quick market entry for new products. It leverages high-speed performance in a compact form factor, ensuring reliable, synchronized high throughput and parallel computation through FPGAs and GPUs.  
  • The startup employs a team of 30 and utilizes proprietary algorithms to replicate human vision in software, creating lightweight, movable virtual cameras with zero latency.

Details of the deal

  • The funding round was led by Fairpoint Capital, a Stockholm-based B2B technology investment fund that invests between SEK 10 million and SEK 40 million in early-stage growth companies across sectors such as AI, IoT, cloud computing, and robotics, focusing on unique, scalable technologies for global markets.
  • Existing investors Idékapital, RunwayFBU, and Vikingstad Invest, along with several angel investors, also participated in the funding round.
  • With the fresh investment, Muybridge plans to scale its organization and advance the commercialization of its revolutionary imaging platform, driving innovation in real-time computer vision and transforming how we capture and perceive the world.
Deals#News#Norway

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