Deeptech startup Spyne raised $7 million in funding led by Accel

Deeptech startup Spyne, helping businesses and marketplaces create high quality product images and videos using AI, raised $7 million in funding led by Accel where marquee investors including Storm Ventures, Smile Group, Pentathlon Ventures, Core91, and prominent founders/CXOs from leading internet companies also participated.

Spyne is using cutting-edge AI technology to revolutionise the way businesses create catalogues. The fund would be used to fuel the company's global expansion, including entering the US market, as well as to establish a cutting-edge computer vision lab for research and development. The startup also plans to broaden its technological horizons into the field of AR/VR in order to create products for the metaverse and omniverse.

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