visionAI, a prominent South African company specializing in artificial intelligence (AI) and computer vision technologies, has recently received a financial boost from Kalon Venture Partners. This investment is set to propel visionAI’s expansion efforts as it continues to revolutionize industries such as manufacturing and supply chains, among others.
The company’s expertise lies in enhancing the capabilities of existing CCTV systems within manufacturing and supply chain environments by integrating visual AI. This integration allows for the monitoring of critical business metrics, leading to improvements in productivity, cost efficiency, and a reduction in operational risks. Although the exact amount remains undisclosed, the funding from Kalon Venture Partners is a strategic move that will enable visionAI to further its mission of transforming the application of AI within the aforementioned sectors.
Trevor Ahier, the chairperson and co-founder of visionAI, expressed enthusiasm about the partnership with Kalon Venture Partners. He emphasized the significant strides their visual AI technology has made in markets such as South Africa, the United Kingdom, and Australia. Ahier also pointed out the promising opportunities for growth that lie ahead, and he looks forward to collaborating with Kalon Venture Partners to push the boundaries of AI innovation, aiming to boost operational efficiencies even further.
Leron Varsha, the acting CEO of Kalon Venture Partners, commented on the investment, praising visionAI’s potential to change the landscape of visual intelligence. He commended the company’s talented team and cutting-edge technology, which he believes positions them at the forefront of the AI industry. Varsha conveyed his excitement about supporting visionAI’s continued expansion and development.
