# XXII Group

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

- Industry: Software
- Headquarters: Puteaux, France
- Website: www.xxiiai.com
- Total disclosed funding: $23M
- Latest round: Series A (Mar 21, 2023)
- Investors on record: 6

## About

Based in Puteaux, France, and co-founded by William Eldin (CEO) and Dam Mulhem (CDO) in 2015, XXII Group operates as a software-as-a-service (SaaS) company offering a real-time video stream analysis solution. The firm offers its products and services to the communities like cities, public spaces, etc, tourist places like leisure parks, accommodations, stadiums, etc, and transportation hubs like airports, stations, ports, parking, business-like offices, warehouses, hospitals, etc. In March 2023, the firm raised EUR 22 million in series A funding led by investor Bpifrance, with participation from investors 574 Invest, Colas SA, Kima Ventures TechMind, Groupe Duval, and individual investors. XXII Group, as of March 2023, has more than 50 employees. The company designs, develops, and markets, computer vision algorithms, and artificial intelligence (AI) based software, XXIICORE, for the deployment and configuration of algorithms for the analysis of video streams. The other features of the company’s SaaS products include composing features for composer sequencing and prioritization of the different data processing phases, a scheduler feature for planning the processing of the video streams and the associated Deep Learning algorithms, admin and settings for management and configuration, and data visualization. Some of XXIICORE applications include parking detection and management, human and vehicle counting, traffic analysis, intrusion management, etc. The company plans to utilize its March 2023 funding to keep up its position as the industry leader in computer vision, to further develop and deploy its technology, to hire additional employees, and to enter new markets in the US, Europe, and the Middle East. In January 2025, XXII Group raised an undisclosed amount of venture funding from new investor Sopra Steria Ventures.

## Funding rounds

- Series A, Mar 21, 2023, $23M — Bpifrance, Kima Ventures, Groupe Duval, TechMind, Colas SA, 574 Invest

## Investors

- Bpifrance — Series A
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Series A
- Groupe Duval — Series A
- TechMind (https://capitalatlas.ai/funds/techmind) — Series A
- Colas SA — Series A
- 574 Invest (https://capitalatlas.ai/funds/574-invest) — Series A