Bengaluru-based deeptech video analytics startup Pixuate has secured $1 million in seed round from SucSEED Indovation Fund and other investors, including Mumbai Angels Network, CIIE-IIM Ahmedabad and a few eminent angel investors. Pixuate has also recently received debt funding support from the Technology Development Board (TDB), a nodal agency of the Government of India.
A bulk of the investment amount of $1 million, would go towards Pixuate’s R&D efforts for accelerated product development and rapid market expansion.