CIA-backed Aussie start-up goes to seed funding
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A Sydney-based computer-vision start-up backed by the CIA has closed a multimillion-dollar seed funding round and hired a CEO in Silicon Valley.
Visionary Machines, which says it has technology that uses arrays of cameras for 3D spatial sensing that is more accurate and robust than competing technology, raised $7.5 million in a seed funding round led by the local venture capital fund Folklore Ventures, with co-investment by Our Innovation Fund.
Amir Mashkoori, the new CEO of Visionary Machines, will stay in San Jose to help the company work with global automotive companies.
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