Spatialedge is a data and applied artificial-intelligence startup based in Stellenbosch, South Africa, founded in 2017 and led by Retief Gerber. The company provides tools and a team of engineers to help organisations develop, integrate, and deploy machine-learning solutions into business systems. Spatialedge says it has worked with many multinational enterprises in Africa and has seen exponential revenue growth exceeding R300 million (about $15.77M). Its product focus is on improving enterprise operational decision-making, with ambitions to transform the retail industry. The new capital is intended to accelerate product launches, expand research and development, boost the product lineup, and reach more customers.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2024