Nikon invests $10 mln in TandemLaunch-incubated Wrnch
Nikon Corp has invested about $10 million (US$7.5 million) in Wrnch, a Montréal-based provider of computer vision tools. Nikon, a Japanese maker of optical instruments, said the investment will help expand the range of its imaging business. Launched in 2015 in partnership with Canadian seed investor TandemLaunch, Wrnch provides an artificial intelligence software platform to digitize and analyze human motion and behaviour from standard video in real time. It is led by CEO Paul Kruszewski. Wrnch closed a $1.8 million Series A financing in 2016. It was led by Mark Cuban’s Radical Ventures and joined by Aligo Innovation, gr0k Technologies and TandemLaunch.
21 June 2019•2 mins read
