Open Circle Capital

The Open Circle Capital team sends our warmest holiday wishes to all founders, investors, partners, and the entire tech ecosystem🎄✨

Let’s enjoy this moment and gear up to break records again in 2025! 🚀

We are thrilled to announce our third investment into AI development startup Perfection42. In total company raised a seed round of €1.1m from CoInvest Capital, Lithuanian Business Angel Network syndicate, Justas Janauskas, and other business angels.

The company which provides artificial intelligence solutions for game development, animation, architecture, design, and art industries, had a breakthrough year in terms of product development and international sales. Currently, the company is able to work with 4k graphics and achieve high-end quality by saving significant amounts of $ and time resources for creative studios. The big vision is to become the global leading company in the space and create the Photoshop alternative for AI solutions.🦄

The investment will be used for further AI technology development and sales efforts globally.
Read more in LT language: https://sc.bns.lt/view/item/459991

Congrats Simona Vasytė and Kęstutis Taučkėla for raising a breakthrough round ✔👏