Tech Company Financing Transactions
Trax Image Recognition Funding Round
Deutsche Bank participated in a $50 million funding round for Trax Image Recognition. The round was announced on 11/8/2023.
Transaction Overview
Company Name
Announced On
11/8/2023
Transaction Type
Debt
Amount
$50,000,000
Round
Undisclosed
Investors
Deutsche Bank (Lead Investor)
Proceeds Purpose
The company will use the funds to Revolutionize AI-Driven Merchandising and Image Recognition for Retail.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
1960 Satellite Blvd. 4100
Duluth, GA 30097
USA
Duluth, GA 30097
USA
Phone
Website
Email Address
Overview
At Trax, we have created a revolutionary image recognition platform for retail from a deep understanding of the consumer goods industry and our clients' business-critical needs.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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