Fyma Revolutionizes Real Estate Tech with £1.7M Funding Boost

In a significant move set to redefine real estate management, Fyma, an AI powerhouse specializing in real-time video analysis, has successfully secured a remarkable £1.7 million in an investment round. Led by Quadri Ventures and Second Century Ventures, this funding injection marks a pivotal moment for the company’s trajectory.

Fyma’s software, designed for seamless integration with any IP camera globally, harnesses the potency of AI and computer vision. The result? A comprehensive, real-time analysis of video feeds that empowers commercial real estate developers, asset owners, and managers with detailed insights for enhanced property management.

One distinctive aspect of Fyma’s software is its commitment to environmental sustainability. By optimizing existing camera networks and reducing the necessity for additional hardware, the company aims to minimize the carbon footprint associated with prevalent sensor systems. This alignment with eco-conscious strategies further underscores their commitment to responsible technological advancement.

The infusion of capital will fuel Fyma’s go-to-market strategy and bolster ongoing product development, including advancements in integrations with large language model providers. This strategic approach is poised to revolutionize the delivery of insights, eliminating the need for custom dashboards while leveraging generative AI to expedite the detection of new objects.

Founded by CEO Karen Burns and CTO Taavi Tammiste, Fyma has already made waves across the global real estate landscape, trusted by prominent entities such as QuadReal, Grosvenor Estates, and Technopolis.

Karen Burns expressed her enthusiasm, stating, “Our innovative AI solution saves enormous amounts of time and money for our customers. With this investment and support, we are poised to continue developing market-leading software for our global client base.”

Andrew Drylie from Quadri Ventures praised Fyma’s cutting-edge approach, emphasizing their unparalleled simplicity in deployment and user experience. The partnership is expected to drive Fyma rapidly toward the next phase of their evolution, promising groundbreaking solutions for the real estate industry worldwide.