AI-powered video analytics platform, Deep North, has recently announced that it has raised $25.7 million Series A funding. The funding was led by London-based Celeres Investments, in participation with AI List Capital, Engage, and a few others. The company plans to use this financing to digitize the next-gen retailing and shopping centers on a global scale.
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Deep North’s software leverages camera infrastructure at retail stores and stores to help businesses digitize and understand the physical world. The AI-powered platform will now allow retailers with direct insights to improve customer experience (CX). With the power of big data and predictive analytics, the company also plans to help retailers prepare for different shopper scenarios and enhance their consumer interaction.
Source: https://www.martechadvisor.com/news/machine-learning-ai/deep-north-an-aipowered-video-analytics-platform-raises-257m/
