{"id":8885,"date":"2023-07-12T14:07:48","date_gmt":"2023-07-12T06:07:48","guid":{"rendered":"https:\/\/particlex.com\/?p=8885"},"modified":"2023-07-12T14:14:56","modified_gmt":"2023-07-12T06:14:56","slug":"hong-kong-startup-dayta-ai-netted-5m-in-latest-series-a-round-to-fuel-overseas-expansion","status":"publish","type":"post","link":"https:\/\/particlex.com\/hong-kong-startup-dayta-ai-netted-5m-in-latest-series-a-round-to-fuel-overseas-expansion\/","title":{"rendered":"Hong Kong Startup Dayta AI Netted $5M in Latest Series A Round to Fuel Overseas Expansion"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>10th July, 2023 &#8212; Our portfolio company, <a href=\"http:\/\/www.dayta.ai\">Dayta AI<\/a>, video analytics solution provider, announced it has raised $5 million in their latest Series A round. The new funding is co-led by Transcend Capital Partners and VU Venture Partners, and joined by other venture capital and strategic investors including Betabox Ventures, HKUST Entrepreneurship Fund, M\u0101ori Capital, Wings Capital Ventures and more.&nbsp;<br><\/p>\n\n\n\n<figure class=\"wp-block-gallery columns-1 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><ul class=\"blocks-gallery-grid\"><li class=\"blocks-gallery-item\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"683\" height=\"1024\" src=\"https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/01_Co-founders-of-Dayta-AI-from-left-to-right-Eugene-Ho-Patrick-Tu-Alex-Chu-683x1024.jpg\" alt=\"\" data-id=\"8889\" data-full-url=\"https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/01_Co-founders-of-Dayta-AI-from-left-to-right-Eugene-Ho-Patrick-Tu-Alex-Chu-scaled.jpg\" data-link=\"https:\/\/particlex.com\/?attachment_id=8889\" class=\"wp-image-8889\" srcset=\"https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/01_Co-founders-of-Dayta-AI-from-left-to-right-Eugene-Ho-Patrick-Tu-Alex-Chu-683x1024.jpg 683w, https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/01_Co-founders-of-Dayta-AI-from-left-to-right-Eugene-Ho-Patrick-Tu-Alex-Chu-400x600.jpg 400w, https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/01_Co-founders-of-Dayta-AI-from-left-to-right-Eugene-Ho-Patrick-Tu-Alex-Chu-768x1152.jpg 768w, https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/01_Co-founders-of-Dayta-AI-from-left-to-right-Eugene-Ho-Patrick-Tu-Alex-Chu-1024x1536.jpg 1024w, https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/01_Co-founders-of-Dayta-AI-from-left-to-right-Eugene-Ho-Patrick-Tu-Alex-Chu-1365x2048.jpg 1365w, https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/01_Co-founders-of-Dayta-AI-from-left-to-right-Eugene-Ho-Patrick-Tu-Alex-Chu-scaled.jpg 1707w\" sizes=\"auto, (max-width: 683px) 100vw, 683px\" \/><\/figure><\/li><\/ul><figcaption class=\"blocks-gallery-caption\">The Co-founders of Dayta Ai<\/figcaption><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Established in 2018, Dayta AI is a Retail Analytics SaaS company that leverages existing cameras to acquire visitors\u2019 behavioural data and generate actionable insights. Their product, Cyclops, enables brick-and-mortar retailers to optimise their sales, traffic and operations under the aegis of Computer Vision and Business Intelligence. Their applications stretch across retail stores, shopping malls, supermarkets, airport lounges and restaurants, serving clients in Hong Kong and Asia Pacific region.<br><\/p>\n\n\n\n<p>The fresh funds will be used to further optimise the cloud infrastructure and develop new AI models. &#8220;At Dayta, we pride ourselves on delivering innovative and practical AI solutions that help businesses thrive,&#8221; said Patrick Tu, CEO and co-founder of Dayta AI. &#8220;As our client base expands, we shall constantly refine our offerings and provide unparalleled insights for our clients.&#8221;<br><\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"251\" src=\"https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/05_Logo-Cyclops-1024x251.png\" alt=\"\" class=\"wp-image-8897\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n\n\n\n<p>Dayta AI recently released the v4 of Cyclops, which represented a significant advancement in AI modules and UIUX. The latest version improved algorithm quantization, quality dataset expansion and infrastructure scalability to boost model performance and stability. It also entailed a streamlined general setup that expedites the onboarding process, a wider variety of data visualisation tools, and new functions such as workplaces, teams, touchpoints, data series and user access grant.<br><\/p>\n\n\n\n<figure class=\"wp-block-gallery columns-1 is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\"><ul class=\"blocks-gallery-grid\"><li class=\"blocks-gallery-item\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"765\" src=\"https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/03_Cyclops-1024x765.jpg\" alt=\"\" data-id=\"8887\" data-full-url=\"https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/03_Cyclops-scaled.jpg\" data-link=\"https:\/\/particlex.com\/?attachment_id=8887\" class=\"wp-image-8887\" srcset=\"https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/03_Cyclops-1024x765.jpg 1024w, https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/03_Cyclops-600x448.jpg 600w, https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/03_Cyclops-768x573.jpg 768w, https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/03_Cyclops-1536x1147.jpg 1536w, https:\/\/particlex.com\/wp-content\/uploads\/2023\/07\/03_Cyclops-2048x1529.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"blocks-gallery-item__caption\">Cyclops v4<\/figcaption><\/figure><\/li><\/ul><\/figure>\n\n\n\n<p>Another primary use of proceeds will be deployed in fueling overseas expansion. &#8220;Expanding into new markets is a crucial step in Dayta&#8217;s growth strategy, and we are excited to take on the challenge of tapping into the US and EU markets after a successful campaign in South East Asia&#8221; said Tu. &#8220;As the AI industry blooms, we believe that our cutting-edge AI technology has the potential to revolutionise industries across the globe.&#8221;<\/p>\n\n\n\n<p>For any enquiries, please do not hesitate to Dayta ai at info@dayta.ai for more information. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dayta AI, video analytics solution provider, announced it has raised $5 million in their latest Series A round.<\/p>\n","protected":false},"author":3,"featured_media":8895,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-event"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hong Kong Startup Dayta AI Netted $5M in Latest Series A Round to Fuel Overseas Expansion - ParticleX<\/title>\n<meta name=\"description\" content=\"Dayta AI is delighted to announce that they have raised $5 million in their latest Series A round. The new funding is co-led by Transcend Capital Partners and VU Venture Partners, and joined by other venture capital and strategic investors including Betabox Ventures, HKUST Entrepreneurship Fund, M\u0101ori Capital, Wings Capital Ventures and more. For any enquiries, please do not hesitate to Dayta Ai at info@dayta.ai for more information. www.dayta.ai\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/particlex.com\/hong-kong-startup-dayta-ai-netted-5m-in-latest-series-a-round-to-fuel-overseas-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hong Kong Startup Dayta AI Netted $5M in Latest Series A Round to Fuel Overseas Expansion - ParticleX\" \/>\n<meta property=\"og:description\" content=\"Dayta AI is delighted to announce that they have raised $5 million in their latest Series A round. 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