South African AI Startup Spatialedge Raises $3.1 Million in Recent Funding Round
- Spatialedge has successfully raised ZAR60 million (approximately US$3.1 million) to advance its mission of transforming the retail industry.
- The company focuses on providing big data and applied machine learning solutions to enable businesses to develop and deploy effective machine learning strategies.
- Spatialedge intends to enhance its product offerings and expand its research and development efforts with the additional funds.
The successful funding round of ZAR60 million will enable Spatialedge to accelerate the development and deployment of their innovative solutions in the retail industry. With a focus on big data and applied machine learning, Spatialedge has the potential to revolutionize the way businesses approach machine learning strategies. The additional funds will also allow the company to enhance its product offerings and expand its research and development efforts.
