Partech and OTB Ventures led an $8.7m Series A funding round in Plumerai.

Partech, a global tech investment firm headquartered in Paris, and OTB Ventures, a pan-European deep tech VC fund specializing in Series A and late seed rounds, led an $8.7m Series A funding round in Plumerai, a provider of software AI solutions for cameras, specializing in highly accurate and efficient Tiny AI for smart devices, with support from Acclimate Ventures and existing investors. “We’re going to make it possible for everyone to have their own AI security guard and assistant that never gets distracted, so they feel safer and calmer than ever before. It will warn you about a stranger in your backyard, a leaking water pipe, or simply help you find your keys. And it’s not just for the home, but for retail, offices, warehouses, elderly care and more. The trust of our partners and investors allows us to bring powerful AI into the physical world, beyond desktops and the cloud.” Roeland Nusselder, Plumerai Founder and CEO.