Photoroom Buys GenerateBanners

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Here’s the information extracted from the provided content:

Fundraising Details for Photoroom

  • Startup: Photoroom
  • Founded: 2022
  • CEO: Matthieu Rouif
  • Location: Paris, France
  • Recent Acquisition: GenerateBanners (amount not disclosed)
  • Core Product: AI photo editor for e-commerce
  • Tech Integration: GenerateBanners’ technology is now integrated into Photoroom API.

Fundraising Information

  • Latest Fundraise Series: Series B
  • Amount Raised: $43M
  • Total Funding: $64M
  • Date of Fundraise: Before May 2025 (exact date not specified)

Notes

  • Photoroom’s platform currently powers millions of product images and aims to provide an end-to-end GenAI solution for ad production through this acquisition.

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2025-05-27 10:40:33