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Photoroom, the AI-based photo-editing app out of Paris that has been growing like a weed targeting people doing business online while also attracting a lot of casual users to boot, confirmed it closed its latest funding round: $43 million at a $500 million valuation, according to CEO and co-founder Matthieu Rouif, who co-founded Photoroom with CTO Eliot Andres. The funding comes at a time when the company continues to see a lot of adoption amid a pretty competitive market, with other players including the likes of Picsart, which has raised nearly $200 million, and Pixelcut. Photoroom said that it's currently processing some 5 billion images annually, with its app passing 150 million downloads (it's also available by way of an API, and via a web interface). ....
After 40 million app downloads, PhotoRoom raises $19 million techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.
PhotoRoom, a French business, has secured a $19 million Series A funding round. The business creates a well-known photo-editing tool for small businesses and online retailers. In order to make your images appear more professional, it specifically helps you remove the background from the items you’re preparing to sell. The Series A round is being … ....
As Balderton’s first dedicated position focused solely on impact and the firm’s Sustainable Future Goals (SFGs) approach, Elodie will have a critical role in driving forward Balderton’s impact and sustainability strategy Appointment underlines Balderton’s commitment to delivering on its SFGs while continually improving its approach and ambition, and sharing all insights and learnings with its 100+ active portfolio companies Elodie joins from Deloitte where she gained extensive experience working with large corporates on defining their sustainability approach to leverage their core business model for good
London, UK – 10th August 2022: Balderton Capital has welcomed Elodie Broad, an experienced leader in corporate sustainability and sustainable finance, as its first Head of Impact and Sustainable Future Goals (SFGs). ....