Belarus Hi Tech Park
Vochi raises $2.4 million
23 July 2021
The Hi-Tech Park resident Vochi raised $2.4 million investments. Last year the company received $1.5 million in a seed round led by Genesis Investments.
Investors in recent round include TA Ventures, Angelsdeck, A.Partners, Startup Wise Guys, Kolos VC and angels from Bolt and Verv.
The Belarusian startup Vochi develops mobile application that edit computer vision-based video. It is used by more than 500 thousand people per month and has achieved a $4 million-plus annual run rate in a year’s time.
According to the Vochi team, the application provides an easy way for people to create professional edits that could help them produce unique and trendy content for social media.
Vochi leverages a proprietary computer vision-based video segmentation algorithm that applies various effects to specific moving objects in a video or to images in static photos. The startup also developed a custom rendering engine for video effects that enables instant application in 4K on mobile devices.