About 24 Vision System
24 Vision System is a company based in Frydek-mistek (Czechia) founded in 2019 by Martin Cvicek.. 24 Vision System has raised $1.62 million across 1 funding round from investors including Y Soft Ventures, Nation 1 and QPAG. The company has 7 employees as of December 31, 2021. 24 Vision System offers products and services including 24 VISION System. 24 Vision System operates in a competitive market with competitors including Sparta Systems, Cumulus Digital Systems, MicroDynamics, SensoVision and DeeDiim, among others.
- Headquarter Frydek-mistek, Czechia
- Employees 7 as on 31 Dec, 2021
- Founders Martin Cvicek
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name 24 Vision As
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Annual Revenue
$371.19 K (USD)312as on Dec 31, 2021
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Net Profit
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EBITDA
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Total Equity Funding
$1.62 M (USD)
in 1 rounds
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Latest Funding Round
$1.62 M (USD), Seed
Dec 08, 2022
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Investors
Y Soft Ventures
& 2 more
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Employee Count
7
as on Dec 31, 2021
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Products & Services of 24 Vision System
24 Vision System offers a comprehensive portfolio of products and services, including 24 VISION System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI tool for detecting production errors and configurations in manufacturing
Funding Insights of 24 Vision System
24 Vision System has successfully raised a total of $1.62M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.62 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.6M
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First Round
First Round
(08 Dec 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Seed - 24 Vision System | Valuation | Y Soft Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 24 Vision System
24 Vision System has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Y Soft Ventures, Nation 1 and QPAG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Cloud-based print management software for 3D printers is provided.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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QPAG is recognized as a provider of custom quality control solutions for manufacturing companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 24 Vision System
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 24 Vision System
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
24 Vision System Comparisons
Competitors of 24 Vision System
24 Vision System operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sparta Systems, Cumulus Digital Systems, MicroDynamics, SensoVision and DeeDiim, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based quality management software is offered for organizational processes.
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| domain | founded_year | HQ Location |
Cloud-based platform for construction operations and maintenance management is provided.
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| domain | founded_year | HQ Location |
Quality inspection software solutions for printing are provided by MicroDynamics.
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| domain | founded_year | HQ Location |
Vision-based quality inspection solutions are provided for manufacturing.
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| domain | founded_year | HQ Location |
Machine vision based sensor for surface inspection
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 24 Vision System
When was 24 Vision System founded?
24 Vision System was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is 24 Vision System located?
24 Vision System is headquartered in Frydek-mistek, Czechia. It is registered at Frydek-mistek, Moravskoslezsky Kraj, Czechia.
Is 24 Vision System a funded company?
24 Vision System is a funded company, having raised a total of $1.62M across 1 funding round to date. The company's 1st funding round was a Seed of $1.62M, raised on Dec 08, 2022.
How many employees does 24 Vision System have?
As of Dec 31, 2021, the latest employee count at 24 Vision System is 7.
What is the annual revenue of 24 Vision System?
Annual revenue of 24 Vision System is $371.19K as on Dec 31, 2021.
What does 24 Vision System do?
24 Vision System was founded in 2019 in Frydek Mistek, Czech Republic. AI and vision-based quality management systems are provided by the company for fault detection, real-time production visibility, and bottleneck analysis. These systems are applied in sectors including automotive, food and beverages, logistics and packing, medical devices, and agriculture. Technical prototyping solutions are also offered to support operations.
Who are the top competitors of 24 Vision System?
24 Vision System's top competitors include Cumulus Digital Systems, Sparta Systems and MicroDynamics.
What products or services does 24 Vision System offer?
24 Vision System offers 24 VISION System.
Who are 24 Vision System's investors?
24 Vision System has 3 investors. Key investors include Y Soft Ventures, Nation 1, and QPAG.