Ultralytics Raises $30M Series A to Advance Open-Source Vision AI
Investment spherical helps Ultralytics as its open-source imaginative and prescient AI fashions are used greater than 2 billion instances per day by over 1 million builders worldwide
Ultralytics, a worldwide chief in imaginative and prescient AI on the edge, has accomplished a $30 million Series A funding spherical led by Elephant with participation from SquareOne.
“Ultralytics’ success is constructed on the conviction that open-source drives enterprise innovation, and nowhere is that extra evident than in synthetic intelligence,” mentioned Glenn Jocher, Founder and CEO, Ultralytics. “We’ve redefined what’s attainable with Edge AI, delivering YOLO fashions which are quicker, lighter, and extra accessible than ever. This funding validates our achievements and underscores our future potential as we speed up R&D and increase an ecosystem of application-layer options powered by YOLO.”
Ultralytics YOLO: An open-source imaginative and prescient AI phenomenon
Ultralytics’ core providing is its imaginative and prescient AI expertise, a transformational software of synthetic intelligence. Using imaginative and prescient AI, organizations can automate the identification of objects in pictures and movies and take motion primarily based on what they see. The expertise is already being deployed for functions throughout industries, from agriculture and manufacturing to healthcare and robotics, to be used instances comparable to monitoring crops, powering autonomous driving methods, managing retail stock, enhancing manufacturing high quality management, and streamlining logistics.
Central to Ultralytics’ worth for patrons and builders is its work with open-source YOLO fashions. Short for “You Only Look Once,” YOLO is an object detection and picture segmentation mannequin that powers imaginative and prescient AI functions on the edge. Ultralytics’ continued growth and innovation of their Ultralytics YOLO fashions has yielded sturdy efficiency when it comes to velocity and accuracy, mixed with a streamlined design. These advances have made Ultralytics YOLO a broadly used pc imaginative and prescient mannequin throughout industries and domains.
This technological management has pushed phenomenal development within the AI developer neighborhood. Ultralytics’ fashions are trusted by over 1 million builders and are used greater than 2 billion instances a day throughout greater than 200 international locations, as of September 2025. The firm has over 115,000 GitHub stars and was acknowledged because the #5 open-source repository on the planet – alongside Microsoft’s Power Tools, and forward of Google’s Flutter and Langchain – by GitHub in its 2024 Octoverse Report.
Profitable from day one, Ultralytics has quickly scaled since launching its enterprise licensing mannequin in 2023, rising into a worldwide chief in pc imaginative and prescient and serving a world-class clientele that features Siemens, STMicroelectronics, Duolingo, Fortune 500 firms, and main startups—all with out counting on heavy exterior funding. The enterprise mannequin has enabled safe, large-scale deployments in closed environments, driving widespread adoption of Ultralytics’ imaginative and prescient AI expertise throughout industries.
Investing in Ultralytics’ subsequent chapter
“Ultralytics is exclusive in its capability to capitalize on the ability of open-source innovation and ship an enterprise-grade imaginative and prescient AI answer that may deal with business-critical functions on the edge,” mentioned Peter Fallon, General Partner, Elephant. “The power of the open-source neighborhood, the business traction, and the capital effectivity with which the enterprise has been constructed are all spectacular. We’re excited to be on board with Glenn and the Ultralytics crew as we help their subsequent part of development.”
“SquareOne invested in Ultralytics on the seed stage as a result of we believed within the energy of open-source and Glenn’s imaginative and prescient,” mentioned Georg Stockinger, Partner, SquareOne. “They’ve since constructed one of many largest AI developer communities, making a defensible moat in trendy tech. We’re excited to proceed our help on this Series A as Ultralytics expands its world impression in imaginative and prescient AI.”
Armed with its newest funding, Ultralytics is accelerating hiring throughout YOLO analysis & growth, enterprise options engineering, and go-to-market groups. “Growth at Ultralytics goes past metrics; it’s about constructing significant merchandise for our clients and the open-source neighborhood that has supported us from the beginning,” mentioned Paula Derrenger, VP of Growth, Ultralytics. “This funding provides us the assets to scale globally, increase buyer adoption, and deepen partnerships in order that we are able to flip innovation into real-world impression for organizations all over the place.”
The firm may also host its annual YOLO Vision occasion in London on September twenty fifth, bringing collectively researchers, engineers, and builders from over 500 firms for a full day of keynotes, dwell demos, networking, and product launches.
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