Hedman advised Fyma on flip proceedings and $2.1 million investment round

Hedman advised plug-and-play computer vision AI startup Fyma not only on their recent $2.1 million investment round led by Quadri Ventures and joined by Second Century Ventures but also on their strategic flipping from Estonia to the UK. Together, the critical transition and fundraising form a key part of Fyma’s global expansion strategy, facilitating the company’s product development and positioning it for a broader international impact.

Fyma, co-founded by Karen Burns and Taavi Tammiste in late 2019, has made significant strides in AI and computer vision technology. Their software, compatible with any IP camera, offers real-time video feed analysis, revolutionizing the way commercial real estate is managed.

From Hedman, Senior Associate Taavi Kõiv guided the transfer of the company’s headquarters from Estonia to the UK and the subsequent investment round.