- TASS Vision raised USD 1.5M in a round led by Purple Ventures, with backing from six other regional investors.
- The startup plans to expand into MENA and Central Eurasia, and develop new AI-powered camera hardware for retail.
- Founded in 2021, TASS Vision offers on-device AI vision tools that help retailers analyze in-store behavior while preserving customer privacy.
TASS Vision
What happened? Uzbekistan-based startup, TASS Vision, secured USD 1.5 million. The round was led by Purple Ventures with a USD 581 thousand contribution (EUR 500K). The remaining funds came from Domino VC, Pragma Tech VC, Sabah Fund, Caucasus VC, Big Sky Capital, and IT Park VC.
What is next? With the newly acquired funding, the startup aims to expand into the Middle East and North Africa. It also seeks to expand to Central Eurasia. In addition, it aims to develop a new generation of hardware featuring AI cameras.
Who are they? Founded in 2021 by Shakhzod Umirzakov and Jamshidjon Khakimjonov, TASS Vision is an AI startup specializing in computer vision. It uses artificial intelligence and embedded technologies to power its solutions.
Furthermore, it develops edge AI cameras for in-store customer journey tracking and shelf interaction analysis. Its two core products, Vitrac and Sitrac, work entirely on-device without sending data to the cloud, prioritizing customer privacy.
“We help retailers run performance marketing – not online, but right on the shop floor. The data shows that many of our clients have increased revenue and reduced operational costs. Our goal isn’t just to automate retail, but to create a new data standard for the entire offline world,” says Shakhzod Umirzakov, one of TASS Vision founders.
Meanwhile, Purple Ventures is a Brno-based venture capital firm that invests in early-stage, tech-enabled startups across Central and Eastern Europe. Moreover, it focuses on sectors such as digital health, modern energy, the creator economy, and security.
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