# AvidBeam Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avidbeam-technologies

- Industry: Software
- Headquarters: Amsterdam, Netherlands
- Website: www.avidbeam.com
- Latest round: Series A (Mar 3, 2019)
- Investors on record: 1

## About

Based in Amsterdam, Netherlands, and founded in 2014, AvidBeam Technologies is the story of how a shared vision and passion for futuristic technology could bring people together to work in perfect harmony. The founding team members are the tech giant Intel Corp who shared a great passion for video technologies. The story started with spotting opportunities for computer vision that deliver value to business customers, make them feel safer and offer useful insights to their business. The revolution in Artificial Intelligence, deep learning and Big Data has enabled this vision. Despite being a young company, AvidBeam Technologies is a multi-award winner; recognized twice as one of the 20 most promising Big Data Start-ups by CIO Review, and selected as one of the Top 100 AI start-ups in the world that will impact the 4th industrial revolution, by reputable international awarding organizations, such as IFC and the World Economic Forum.

AvidBeam Technologies offers cutting edge solutions for Smart Spaces, Smart Buildings & Cities including Smart Retail and other target markets. It addresses public safety, security, and business intelligence, among other domains. Along this journey, the company has created successful partnerships with system integrators, multinational technology providers and OEM manufacturers.

AvidBeam Technologies's mission is to build cost efficient, scalable & flexible AI toolset to process Video Data diligently and to be a one stop shop for all video intelligence insights to optimize their customers’ business performance, sharpen their competitive edge, and nurture their growth.

## Funding rounds

- Series A, Mar 3, 2019 — Egypt Ventures

## Investors

- Egypt Ventures (https://capitalatlas.ai/funds/egypt-ventures) — Series A