Scape Technologies, a London-based computer vision startup, announced that it has raised $8 million in seed funding and is launching the first iteration of its “Visual Positioning Service,” which lets developers build apps that require location accuracy far beyond the capabilities of GPS alone.
The technology will initially target augmented reality apps, but also can be used to power applications in mobility, logistics and robotics. More broadly, Scape wants to enable any machine equipped with a camera to understand its surroundings.