Tech Company Financing Transactions
Fabby Funding Round
On 1/16/2017, Fabby secured $2 million in Seed funding from Haxus Venture Fund and private investors.
Transaction Overview
Company Name
Announced On
1/16/2017
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Haxus Venture Fund (Lead Investor)
Proceeds Purpose
Fabby will use the cash to supercharge it's brand new technology that automatically separates an object from a background in photos and videos.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
8 Kirova Str. Office 40
Minsk, 220030
Belarus
Minsk, 220030
Belarus
Phone
Website
Email Address
Not Recorded
Overview
Fabby, owned and operated by Belarus-based AIMatter, automatically edits photos and videos like a professional designer. Simply shoot a video and get instant results. The company was acquired by Google in 2017.
Management Team
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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