Instead of relying on image compression software developed before decades, Deep Render, a London-based machine learning startup has designed a revolutionary image compression algorithm. Now, Deep Render has secured £1.6 million (nearly €1.83 million) funding in a round led by Pentech Ventures along with participation from Speedinvest.
Intends to develop its image compression tech
Deep Render intends to develop its revolutionary image compression technology further with the fresh investment. The funding will also be used to hire new talent as well.