# Dayta AI

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

- Industry: Software
- Headquarters: Hong Kong SAR - China
- Website: www.dayta.ai
- Total disclosed funding: $5M
- Latest round: Series A (Jul 11, 2023)
- Investors on record: 5

## About

Founded in 2018 and based in Kowloon, Hong Kong, Dayta AI Limited operates as a developer of artificial intelligence-powered software that can detect customers' behaviour through sensor motions. Patrick Tu (CEO), Eugene Ho (CTO), and Alex Chu (CFO) are the co-founders of the company. In July 2023, Dayta AI Limited raised USD 5 million in series A funding from Transcend Capital Partners and VU Venture Partners, including HKUST Entrepreneurship Fund, BetaBox Ventures, and Wings Capital Ventures.

The company provides retail analytics through Cyclops, which enables businesses to gain real-time shopper insights through its cloud-based platform. The firm delivers data and insights by analyzing over 150,000 videos per day, helping businesses optimize their customer experiences. Its proprietary AI algorithm, trained on real-world retail data, ensures accuracy, providing actionable insights that benefit different teams across the organization, including marketing, operations, and strategy and leasing. Cyclops acquired data such as passerby, footfall, zone traffic, engagement count, dwell time, queue time, engagement time, gender, age group, and more using KPI and heatmap analysis. Cyclops partners with Amazon Web Services, ensuring a robust and scalable cloud infrastructure for its services. In addition, the platform integrates with existing IP cameras, adding an extra layer of intelligence to retailers' infrastructure.

The startup generates revenue through its monthly subscription plans, which include the basic plan for USD 46, the advanced plan for USD 100, and the premium plan for USD 166.

The organization plans to use the July 2023 funding to further improve its product offerings, create new AI models, and expand its business reach worldwide.

## Funding rounds

- Series A, Jul 11, 2023, $5M — VU Venture Partners, Transcend Capital Partners, Wings Capital Ventures, HKUST Entrepreneurship Fund, BetaBox Ventures

## Investors

- VU Venture Partners (https://capitalatlas.ai/funds/vu-venture-partners) — Series A
- Transcend Capital Partners (https://capitalatlas.ai/funds/transcend-capital-partners) — Series A
- Wings Capital Ventures (https://capitalatlas.ai/funds/wings-capital-ventures) — Series A
- HKUST Entrepreneurship Fund — Series A
- BetaBox Ventures (https://capitalatlas.ai/funds/betabox-ventures) — Series A