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Singapore's visual recognition startup snags US$830K in seed funding led by Anchorless B, a Singapore- and Bangladesh-based Artificial Intelligence startup, announced today it has raised US$830,000 in seed funding.

Anchorless Bangladesh, a US-based VC firm investing in startups in the South Asian country, led the round.

Existing angel investor Mohammad Maaz also co-invested.

The firm was established in 2018 by Shehzad Noor Taus Priyo (CEO, co-founder), Motasim Rahman (COO, co-founder), Kevin Pierce (CTO), and Dr. Nabeel Mohammed (Chief of Research).

Gaze offers an API for visual recognition technologies such as spoof-proof face recognition, product recognition, and multilingual OCR (Optical Character Recognition). The firm’s mission is to embed AI into everyday life by enabling others to easily build software powered by visual recognition AI.

The startup claims with its technology, online transactions will be safer, sign-up/in will be effortless, finding the product you are looking for will be easier, checking into the workplace will be contactless, and paying for the parking will be seamless.

Gaze currently has a team of 23 people across Canada, Singapore and Bangladesh.

“Our goal is to get any developer to ‘Hello World’ in under five minutes. The way we do that is by building the best developer experience and iterating on community feedback. We believe very strongly in the power of open source communities; they have, time in and time again, changed the world for the better,” said CEO Taus.

“When we look at the incredible engineering and technical talent in Bangladesh today, it seems obvious to us that a few standout companies will be able to rally the troops and build an indispensable product utilized by people around the world. We see that potential clearly in Gaze, led not only by a long-term global vision, but also backed up with world-class technology offering practical value for its users,” Rahat Ahmed, Founding Partner and CEO, Anchorless Bangladesh.


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