Goodwin Procter LLP advised Amadeus Capital Partners on the deal.
Amadeus Capital Partners announced its investment into V7 Ltd, as part of a $3 million seed funding round. Other investors in the round included Partech, Air Street Capital, and Miele Venture.
Amadeus Capital Partners is a global technology investor. Since 1997, the firm has raised over $1bn for investment and used it to back over 165 companies. With vast experience and a great network, Amadeus’ team of investors and entrepreneurs share a passion for the transformative power of technology. Pioneering businesses they have backed include cyber security vendor ForeScout (NASDAQ:FSCT); Graphcore, innovators in intelligent microprocessors; IVF genetic testing company, Igenomix, IndiaMART, the B2B online marketplace (NSE: INDIAMART) and speech recognition company VocalIQ (acquired by Apple).
V7 is a UK-based company developing a computer vision platform designed to accelerate scientific progress. The platform uses image and video annotation software to label, train and deploy artificial intelligence. Founded in 2018 by Alberto Rizzoli and Simon Edwardsson, V7 Labs’ platform accelerates the creation of high-quality training data by 10-100x. V7 accomplishes this by giving users the ability to build automated image and video data pipelines, organize and version complex datasets and train and deploy state-of-the-art vision AI models while managing their lifecycle in production.
The Goodwin team was led by Adrian Rainey (Picture), Adam Thatcher and Roshni Thakkar, with assistance from Gretchen Scott, James Taylor and Rachel Thurbon.
Involved fees earner: Adrian Rainey – Goodwin Procter; Gretchen Scott – Goodwin Procter; James Taylor – Goodwin Procter; Roshni Thakkar – Goodwin Procter; Adam Thatcher – Goodwin Procter; Rachel Thurbon – Goodwin Procter;
Law Firms: Goodwin Procter;
Clients: Amadeus Capital Partners;