4 years ago

V-Nova Secures €33 Million in Series C Funding Led by Neva First

  • V-Nova, a London-based high-growth company in video and image data compression, received an investment from Neva First, an alternative investment fund managed by Neva SGR, closing a €33 million Series C funding round

  • The company plans to use the funds to expand the commercial rollout of its video compression software

  • V-Nova specializes in technologies that offer users a new, richer interactive experience with images and videos

  • It has registered over 300 international patents and employs around 70 people across its London headquarters and Bangalore facilities.

      • ProblemTechnology

      "Making video and image compression efficient and effective for a wide range of applications like video streaming, social media, and even AI media indexing. "

      Solution

      "Developing innovative video compression software that significantly reduces data size while maintaining quality, allowing users to enjoy a richer, more immersive experience."

      Covered on