AI Baby Monitor Startup Nanit Raises $14 Million

For daily updates, subscribe to our newsletter by clicking here. Nanit was founded in 2016 and operates out of offices in Tel Aviv and New York. Nanit raised nearly $30 million in funding to date. The company said it will use the additional funds to hire more computer vision and machine learning engineers and scale production. Nanit also said it will expand distribution to new markets including Canada and Europe.