Storm Ventures, established in 1997 and based in Menlo Park, California, is a venture capital firm specializing in early-stage investments. It focuses on enterprise technology companies, with a portfolio spanning sectors such as B2B, data infrastructure, digital health, and vertical SaaS. The firm, with a total fund size of $600 million, provides strategic capital and insights to its portfolio companies, drawing from its founders' personal experiences of building and scaling enterprise companies.
Spyne, founded in 2018 by Sanjay Kumar and Deepti Prasad and headquartered in Gurgaon, is a Deep Tech startup focused on revolutionizing the production of high-quality product images and videos for businesses and marketplaces through artificial intelligence. The company has developed a unique AI platform that automates image processing workflows, allowing businesses to create stunning catalogs without the need for physical studios, thus achieving up to 40% better conversion rates. Spyne's technology enables users to shoot, edit, and publish product visuals at a fraction of the cost and time. With a team of over 100 employees, Spyne serves more than 80 clients, including major players like Amazon India and Flipkart, across various sectors such as automotive, food, and retail in over 15 countries. The company has recently launched Spyne AI – Cars, aimed at the automotive industry, and plans to extend its innovative solutions to e-commerce, fashion, and real estate. Additionally, Spyne is exploring advancements in augmented and virtual reality technologies to develop products for the Metaverse and Omniverse.
Invoke AI
Seed Round in 2023
Invoke AI operates a creative platform designed to empower professionals, artists, and enthusiasts in generating visual media through advanced AI technologies. By utilizing Stable Diffusion models, Invoke AI enables users to create and manipulate images and videos efficiently, enhancing their creative workflow. The platform is tailored to support the creative community by streamlining processes and allowing for rapid completion of projects. Through its innovative tools, Invoke AI fosters exploration and experimentation in visual media, making it a valuable resource for those in the creative industry.
Spyne
Series A in 2022
Spyne, founded in 2018 by Sanjay Kumar and Deepti Prasad and headquartered in Gurgaon, is a Deep Tech startup focused on revolutionizing the production of high-quality product images and videos for businesses and marketplaces through artificial intelligence. The company has developed a unique AI platform that automates image processing workflows, allowing businesses to create stunning catalogs without the need for physical studios, thus achieving up to 40% better conversion rates. Spyne's technology enables users to shoot, edit, and publish product visuals at a fraction of the cost and time. With a team of over 100 employees, Spyne serves more than 80 clients, including major players like Amazon India and Flipkart, across various sectors such as automotive, food, and retail in over 15 countries. The company has recently launched Spyne AI – Cars, aimed at the automotive industry, and plans to extend its innovative solutions to e-commerce, fashion, and real estate. Additionally, Spyne is exploring advancements in augmented and virtual reality technologies to develop products for the Metaverse and Omniverse.
Syte
Series C in 2020
Syte is a technology company based in Tel Aviv that specializes in developing a product discovery platform aimed at enhancing online shopping experiences. Utilizing advanced visual AI technology, Syte transforms the way consumers search and shop for fashion by enabling features such as camera search, augmented site search, and personalized recommendations. Their solutions allow users to upload images of products they find inspiring, which the platform then matches with visually similar items available on a retailer’s site. Additionally, Syte offers smart merchandising tools to help retailers improve site navigation and product discovery, ultimately driving sales and fostering brand loyalty. Founded in 2014 by Helge Voss, Idan Pinto, Lihi Pinto Fryman, and Ofer Fryman, the company has successfully raised $71 million from various investors to further its mission of revolutionizing the online shopping landscape.
Syte
Series B in 2019
Syte is a technology company based in Tel Aviv that specializes in developing a product discovery platform aimed at enhancing online shopping experiences. Utilizing advanced visual AI technology, Syte transforms the way consumers search and shop for fashion by enabling features such as camera search, augmented site search, and personalized recommendations. Their solutions allow users to upload images of products they find inspiring, which the platform then matches with visually similar items available on a retailer’s site. Additionally, Syte offers smart merchandising tools to help retailers improve site navigation and product discovery, ultimately driving sales and fostering brand loyalty. Founded in 2014 by Helge Voss, Idan Pinto, Lihi Pinto Fryman, and Ofer Fryman, the company has successfully raised $71 million from various investors to further its mission of revolutionizing the online shopping landscape.
Picateers
Series A in 2008
Picateers is a portrait company that facilitates schools, teams, and organizations in managing their own portrait programs while simultaneously generating revenue. The company provides parents with access to spontaneous and natural photographs of their children, along with online purchasing options for prints and customizable gifts such as mugs, t-shirts, and mousepads. Schools and organizations benefit from receiving 50% of all photo sales, with additional opportunities to earn through the purchase of photo gifts and Memory Books. Picateers also offers a secure online platform for photo sharing and professional-quality prints, ensuring that 25% of proceeds from these sales are directed back to the chosen school or organization.
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