Pixyle AI Secures $1 Million in Seed Round.
Pixyle AI, a visual AI startup for e-commerce based in Amsterdam, the Netherlands, received €1 million in seed funding from South Central Ventures to help fashion e-commerce provide better search experiences by generating accurate and thorough product attributes that will help customers find their desired items more quickly.
The money invested will be utilized to broaden Pixyle AI’s geographic reach, improve the product line, and enter new industry sectors.
Pixyle’s visual AI locates fashion products in photos, establishes the item’s category, and then goes further into the image to identify qualities in the language used by consumers. Higher conversion rates are produced as a result of improving the product data and increasing the relevance of search results for product discoverability.
Currently, the business collaborates with several international brands and merchants, such as Depop (UK), Otrium (Netherlands), and Miinto (Denmark).