NordicNinja VC Invests in Realeyes
Investment to support new product development
Realeyes, the world’s leading Emotion AI company, announced that it closed growth investment from NordicNinja, a Japanese-backed VC fund focused on scaling up deeptech-focused technology companies linked with the Nordic and Baltic region.
The investment will be used to commercialize new emotion AI products globally. Realeyes uses front-facing cameras and computer vision technology to measure the attention and emotion response of opt-in audiences as they experience digital content on mobile phones, tablets, and desktop and laptop computers.
Recommended AI News: Rabobank Decides For BearingPoint RegTech Factory To Unburden Their Regulatory Reporting
Founded in Estonia, Realeyes is headquartered in London and has offices in New York, Tokyo, and Budapest. Realeyes provides attention and emotion technology to over 180 enterprise customers, primarily to large advertisers and media platforms.
NordicNinja joins Realeyes’ previous investor base, including Draper Esprit and Japanese funds NTT DOCOMO Ventures, the VC arm of NTT Group, Japan’s leading telco, and Global Brain.
“We make investments in companies that we can help grow through our expertise, our relationships, and understanding, especially with the Asian technology markets,” said Tomosaku Sohara, Managing Partner of NordicNinja VC. “Realeyes has both innovative technology and strong product momentum that we can build on to meet demand from large advertisers, publishers, and other enterprises. The company’s Estonian founders are part of a burgeoning community of entrepreneurs from the region building innovative and valuable technology companies.”
Recommended AI News: Qynapse (France) And True Positive Medical Devices (Canada) Are Partnering To Provide The Most Advanced AI Platform For Brain Diseases
“This investment comes at an exciting time for Realeyes, as digital media and virtual experiences play an increasing role in our lives,” said Mihkel Jäätma, co-founder and CEO of Realeyes. “We’re thrilled to welcome NordicNinja aboard to accelerate our new product development and meet global demand for solutions that enable greater human connection. Our mission is to create one trillion more smiles globally every year.”
The investment follows Realeyes’ recent launch of its flagship solution called PreView, an advanced attention measurement platform. PreView allows advertisers to reduce media waste by predicting and eliminating low-performing video creative and boosting strong attentive creative. PreView has achieved up to 30% performance gains and 9X return on investment.
Realeyes customers include brands such as Mars Inc, AT&T, Hershey’s and Coca-Cola, agencies Ipsos, MarketCast and Publicis, and media companies such as Warner Media and Teads.
Recommended AI News: HawkSoft Partners With Innovative Proof Of Insurance And Dynamic Verification Platform Certificial