Indivd secured SEK 3.1M from Vinnova and private investors

Indivd, a Sundsvall, Sweden tech company building deep learning, secured capital totalling 3 163 727 SEK ($320k).

The funding was supported by a grant provided by the Swedish Innovation Agency Vinnova.

The funding is aimed to support a project which runs from November 2018 to December 2019 and of which Vinnova finances just over half.

Indivd developed a patent-pending AI technology, which gives physical retail a deep and unique understanding of all their visitors. The tech is the first solution in the world to strictly anonymize, and with existing store cameras identify and re-identify all store visitors.