# Imagimob

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

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.imagimob.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Jun 16, 2015)
- Investors on record: 2

## About

Imagimob AB develops advanced Edge AI solutions, including DEEPCRAFT™ Studio and DEEPCRAFT™ Ready Models, enabling efficient machine learning deployment on embedded devices.Founded in 2013 in Stockholm, Sweden, Imagimob AB focuses on providing machine learning solutions for embedded devices. The company was recently acquired by Infineon AG in May 2023, enhancing its hardware and software ecosystem. The CEO is Anders Hardebring, and the founder is Alexander Samuelsson. Imagimob has completed a total of 8 deals, with its most recent deal occurring on May 16, 2023. The company has raised a total of EUR 1.00 mn in its latest funding round.Imagimob specializes in Edge AI solutions, primarily through its flagship products, DEEPCRAFT™ Studio and DEEPCRAFT™ Ready Models. DEEPCRAFT™ Studio is an end-to-end development platform that facilitates the creation of machine learning models specifically designed for embedded devices. It encompasses the entire machine learning workflow, from data collection and annotation to model deployment, making it accessible even to those without extensive expertise in machine learning. DEEPCRAFT™ Ready Models provide pre-trained machine learning models that allow clients to deploy advanced solutions rapidly without the burden of data collection and model training. These products cater to a diverse client base in Europe, North America, and Asia, focusing on industries requiring robust AI applications.In 2022, Imagimob reported a revenue of EUR 111,505.90 with an EBITDA of EUR -882,892.30. The company's revenue structure is primarily based on B2B transactions involving subscriptions and partnerships, allowing clients to continuously access DEEPCRAFT™ Studio and the Ready Models.Following the acquisition by Infineon AG in May 2023, Imagimob plans to enhance its product offerings and expand into new markets. The company aims to leverage Infineon's resources to accelerate the development and launch of new AI solutions tailored for embedded systems. Specific geographic regions targeted for expansion include further penetration into North American and Asian markets. The recent funding will support these initiatives by integrating advanced hardware capabilities with their existing software solutions.

## Funding rounds

- Seed, Jun 16, 2015, $0.4M — ALMI Invest, STOAF

## Investors

- ALMI Invest — Seed
- STOAF (https://capitalatlas.ai/funds/stoaf) — Seed