Ittybit, founded by Paul Williams and based in London, raised £1.5M in funding. The round was led by Mercuri and Sure Valley Ventures, with participation from Oxford Capital, angel investors, and Baltic Ventures. The company intends to use the funds to expand operations and its development efforts. Ittybit provides APIs and tools designed to simplify the uploading, storing, and delivery of large video, image, and audio files for developers. It leverages computer vision models to filter unsafe uploads, enhance content searchability, and automate tagging and transcription. Its AI-based compression tool—compared to those used by Netflix and Meta—aims to enable faster downloads and reduced storage costs without compromising visual quality.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2024