Tech Company Financing Transactions
PhotoRoom Funding Round
On 1/10/2024, PhotoRoom announced $60 million in financing from Balderton Capital, Adjacent and FJ Labs.
Transaction Overview
Company Name
Announced On
1/10/2024
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
73 Boulevard de Sébastopol
Paris, 75003
France
Paris, 75003
France
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
PhotoRoom provides photo editing software powerful enough to create outstanding images yet simple enough to be used without any training. We leverage deep learning to translate pixels into objects, drastically simplifying non-creative tasks such as removing backgrounds from images or removing objects.
Management Team
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