Gaze, a start-up that operates in Bangladesh and Singapore, announced on 16th June, that it has raised USD $830,000 in a seed round of funding. The funding round was led by US-based venture capital firm Anchorless Bangladesh and existing angel investor Mohammad Maaz.
Gaze was founded by Shehzad Noor Taus Priyo and Motasim Rahman and was launched in 2018. It is an artificial based intelligence start-up which provides services ranging from face-recognition and product recognition to multilingual optimal character recognition. Its aim is to enable developers around the world build AI-enabled products and services.
“We are very grateful to our investors for their continued faith and support in us. Since we started our journey in 2018, our mission was always to make people’s lives better, easier and safer by embedding AI into everyday lives,” said Motasim, CEO, Gaze.
The company said, it is on a mission to enable easily built software powered by visual recognition AI and embed AI into people’s everyday life. The company also claims that it wanted to create a world where signing in will be effortless, finding a product will be easier, checking into workplaces will be contactless, and paying for parking will be seamless. It promises all these services through Gaze’s various products like image-based similar product search, license plate recognition.
The start-up Gaze is currently a team of 23 people across Bangladesh, Singapore and Canada with Kevin Pierce as the chief technology officer and Nabeel Mohammed as the chief of research. It has previously worked to improve traffic management, secure headquarters 24/7 and track daily vehicle inflow and outflow.
Gaze’s future plans are very clear as explained by Shehzar Noor, CEO, Gaze. “We are very excited about enabling mass access to state-of-the-art computer vision technology, which are typically very difficult to build or deploy. Our goal is to get any developer to say ‘Hello World’ in less than 5 minutes,” said Noor.
