[BetaKit] Computer Vision Startup AlgoluxSecures $23 Million CADSeries B Round

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betakit algolux

Montréal-based computer vision startup Algolux has raised $23 million CAD ($18.4 million USD) in a Series B funding round co-led by Forte Ventures and Drive Capital.

Algolux is using the all-equity capital in an aim to increase the market adoption of its optimization platform for autonomous vision as the global computer vision market is set to boom over the next five years.

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