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Algolux Tech - About the company

Algolux Tech is an acquired company based in Blacksburg (United States), founded in 2014 by Daniel Nahmias-Léonard, Felix Heide and Jonathan Assouline. It operates as a Provider of computer vision and cloud-based video analytics solutions. Algolux Tech has raised $31.8M in funding from investors like Real Ventures, GM Ventures and Forte Ventures. The company has 1262 active competitors, including 192 funded and 88 that have exited. Its top competitors include companies like Aptiv, Phantom and AInnovation.

Company Details

Provider of computer vision and cloud-based video analytics solutions. Its AI-based software provides perception solutions for various conditions. It caters to both existing cameras and new designs using cloud-based tools and embedded software. It utilises deep learning, computer vision, and computational imaging. The computer vision and image optimization solutions resolve safety issues for automotive ADAS, autonomous vehicles, fleets, autonomous mobile robots, and video security.
Social
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Phone Number
+1 **********
Key Metrics
Founded Year
2014
Location
Blacksburg, United States
Stage
Acquired
Total Funding
$31.8M in 4 rounds
Latest Funding Round
Ranked
Employee Count
13 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Torc Robotics (Feb 28, 2023)

Algolux Tech's acquisition details

Algolux Tech got acquired by Torc Robotics on Feb 28, 2023.
Click here to take a look at Algolux Tech's acquisition in detail
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Algolux Tech's funding and investors

Algolux Tech has raised a total funding of $31.8M over 4 rounds. Its first funding round was on Aug 18, 2014. Its latest funding round was a Series B round on Jun 15, 2021 for $*****. 7 investors participated in its latest round. Algolux Tech has 17 institutional investors.

Here is the list of recent funding rounds of Algolux Tech:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 15, 2021
9050224
Series B
7569001
1670255
4535964
9535778
May 01, 2018
3755053
Series A
5622618
9479901
5524733
Sep 27, 2017
3190442
Series A
2152662
9722377
8958244
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Algolux Tech's founders and board of directors

Founder? Claim Profile
The founders of Algolux Tech are Daniel Nahmias-Léonard, Felix Heide and Jonathan Assouline.
Here are the details of Algolux Tech's key team members:

Algolux Tech's employee count trend

Algolux Tech has 13 employees as of Sep 26. Here is Algolux Tech's employee count trend over the years:
Employee count trend for Algolux Tech
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Algolux Tech's Competitors and alternates

Top competitors of Algolux Tech include Aptiv, Phantom and AInnovation. Here is the list of Top 10 competitors of Algolux Tech, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aptiv
Aptiv
1994, Schaffhausen (Switzerland), Public
Provider of vehicle components, connectivity systems, and electrical distribution systems
-
72/100
2nd
Logo for Phantom
Phantom
2016, Burlingame (United States), Acquired
AI-enabled full-stack system provider for autonomous vehicles
$80.2M
70/100
3rd
Logo for AInnovation
AInnovation
2018, Haidian (China), Public
AI-based software for the retail, manufacturing, and insurance sectors
$132M
70/100
4th
Logo for Ambarella
Ambarella
2004, Santa Clara (United States), Public
Manufacturer of AI-enabled image processors
$15.4M
69/100
5th
Logo for Cortica
Cortica
2007, Tel Aviv (Israel), Series C
Provider of an AI-enabled visual intelligence platform
$34.9M
66/100
6th
Logo for Metropolis
Metropolis
2017, Santa Monica (United States), Series D
Developer of computer vision technology for automated vehicle parking management
$833M
64/100
7th
Logo for Anyline
Anyline
2013, Vienna (Austria), Series B
Provider of a text scanning and recognition app for mobiles
$36M
63/100
8th
Logo for StradVision
StradVision
2014, Seoul (South Korea), Public
Developer of AI-based perception software for autonomous driving and advanced systems
$137M
63/100
9th
Logo for PopID
PopID
2017, Los Angeles (United States), Series B
Provider of face and palm biometric identity verification gateway solutions
$18.5M
62/100
10th
Logo for Ecopia
Ecopia
2013, Toronto (Canada), Seed
Provider of AI-based mapping systems generating high-definition vector data
-
62/100
37th
Logo for Algolux Tech
Algolux Tech
2014, Blacksburg (United States), Acquired
Provider of computer vision and cloud-based video analytics solutions
$31.8M
53/100
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Algolux Tech's Investments and acquisitions

Algolux Tech has made no investments or acquisitions yet.

Reports related to Algolux Tech

Here is the latest report on Algolux Tech's sector:

News related to Algolux Tech

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Torc Robotics to acquire AlgoluxMar 14, 2023•Algolux Tech
•
Torc Robotics Announces Agreement to Acquire AlgoluxGlobeNewswire•Feb 28, 2023•Torc Robotics, Algolux Tech
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