Ukrainian Startup in the Field of Image Processing “Let’s Enhance” Raised $3 Million

by Anastasiia Lieberman
Wednesday, October 27, 2021
1 MIN
Ukrainian Startup in the Field of Image Processing “Let’s Enhance” Raised $3 Million

The lead investor was the venture capital company "Chamaeleon" from Silicon Valley

In addition to Chamaeleon, the Let’s Enhance invest.com/investing-in-ukraine/business-opportunities/startups/" rel="dofollow">startup was invested by Margo Georgiadis, Hype Ventures, Acrobator. Fundraising took place online.

The startup is developing a platform for image processing using neural networks - Claid. The funds raised will be used to develop this platform. Investments will be made in the development of additional functions for content moderation, an increase in the team of engineers, and the sales department.

According to Sofia Shvets, CEO and co-founder of Let’s Enhance, the startup’s goal is to help businesses efficiently create and use visual content using next-generation AI.

Companies integrate Claid through the API, set the desired image parameters, and neural networks edit photos step by step: improve their quality and clarity, correct color and tone, remove the background and compress to the specified parameters. As noted in Let’s Enhance, the platform allows users to save up to 90% of their time - Claid works 10 times faster than classic editors.

Let’s Enhance is a Ukrainian startup founded in 2018 by Vladislav Pranskevichus, Sofia Shvets, and Alexander Savsunenko. The team has R&D offices in Kyiv, San Francisco, and Central Europe.

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