AI startup Norna´s new financing round over-subscribed

AI startup Norna today announces that the company’s new financing round has been over-subscribed by a conglomerate of Swedish and US investors.

Funding will be used to finalize and implement the company’s solution focused on advanced image analytics for the retail industry.

AI will fundamentally change the entire retail industry. This will be done faster and more powerful than anyone can imagine. Norna will have an important role in this change, says co-founder Michael Collaros

Norna is a specialized AI company with its headquarters in Stockholm, Sweden. The company was founded as a response to the ongoing digital transformation, with a mission to provide end-customers with the power over their own digital experience. Norna develops deep neural networks to detect and mimic human patterns and behaviors using vast amounts of data.