Motion Gestures has secured USD 2 million in pre-series A financing to enhance its advanced AI technology for camera-based hand tracking and gesture recognition.
Target Information
Motion Gestures has developed advanced AI software specializing in camera-based hand tracking and gesture recognition for user interface applications. Founded in 2017 in Waterloo, Canada, the company has made significant strides in the tech sector by utilizing cutting-edge artificial intelligence (AI) and machine learning (ML) technologies. Their innovative platform enhances hand tracking accuracy to nearly 100%, while simultaneously reducing the time and cost associated with gesture development by a factor of ten.
The software is versatile and can operate with any type of camera—including RGB, NIR, and depth cameras—across various resolutions, even ultra-low resolutions down to 32x32 pixels. It employs a 21-joint skeleton model for hand tracking and provides real-time positional data regardless of the camera's orientation or speed, thus making it applicable for multiple industries and expanding its reach within the market.
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Industry Overview
The AI and computer vision industries are evolving rapidly, particularly in Canada, where government support has bolstered innovation and research in the field. The country's commitment to advancing AI technologies is evidenced by inve
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Mr. Allen Miner → Motion Gestures
2021
CCAA
invested in
Motion Gestures
in 2024
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $2M