Vienna-based startup Anyline has gone through a fund infusion of €2 million from Senovo and existing investor PUSH Ventures. The startup specialises in Optical Character Recognition (OCR) technology, an AI-driven solution for scanning and deciphering written texts.
Frederick von Mallinckrodt, Senovo managing director explained, “We saw the opportunity to invest in an impressive team, cutting-edge technology and a growing market. Whether you prefer industrial cameras, drones, smartphones or IoT devices, the demand and applications of scanning technology are growing rapidly. That’s why we are pleased to support Anyline as an OCR leader in expansion.”