Motion Gestures, a Canadian AI startup specializing in gesture recognition software, secured $2 million in pre-Series A financing led by Allen Miner to expand its market presence, particularly in Japan.
Information on the Target
Motion Gestures is a Canadian startup founded in 2017, specializing in artificial intelligence-based hand tracking and gesture recognition software for third-party cameras. The company has developed a cutting-edge gesture software platform that not only minimizes software development time but also enhances gesture recognition accuracy to nearly 100%. Their AI-driven approach employs a sophisticated joint skeleton technique for hand tracking, making the software agnostic to both hardware and applications. This versatility allows Motion Gestures' technology to be applied across various sectors that require contactless interactions.
Since launching their gesture recognition software in 2020, Motion Gestures has received positive responses from top original equipment manufacturers (OEMs) globally, including those in developed markets such as the United States, Germany, France, Japan, and Korea. The company's focus on marketing and supporting its innovative solutions among OEMs—particularly in Japan—was further strengthened by securing $2 million in pre-Series A funding.
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Industry Overview in Canada
The gesture recognition technology market has been growing significantly, driven by advances in artificial intelligence and the increasing demand for contactless interaction solutions. With the COVID-19 pandem
Similar Deals
CCAA → Motion Gestures
2024
Mr. Allen Miner
invested in
Motion Gestures
in 2021
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $2M