5 years ago

iSIZE Technologies Secures £740k Seed Funding for AI-Powered Video Optimization

  • iSIZE Technologies, a deep-tech company specializing in deep learning for video delivery, has raised £740k in seed funding

  • The round was led by Patrick Pichette, partner at Inovia Capital and ex-Google CFO, TD Veen AS, a Norwegian family office, and other CDL investors

  • iSIZE's technology, BitSave, reduces encoding bitrates by up to 40% while enhancing video perceptual quality, resulting in significant data, energy, and cost savings for both the company hosting the video and the end consumer

  • The company graduated from the Creative Destruction Lab programme at Oxford University's Saïd Business School.

      • ProblemTechnology

      "Data centres used for video streaming contribute significantly to global emissions, and the increasing demand for video content is putting a strain on networks and increasing costs for both providers and consumers."

      Solution

      "iSIZE Technologies offers a deep learning-based video precoder that reduces video bitrate during encoding by up to 40% while enhancing visual quality, resulting in substantial data, energy, and cost savings for both video hosting companies and end-users."

      Covered on