Skylab, the AI photography startup, acquired by ImageQuix

January 24, 2024
1 min read

TLDR:

  • Vancouver-based AI photography startup Skylab has been acquired by ImageQuix, a software solutions provider for professional photographers
  • The financial terms of the deal have not been disclosed
  • Skylab develops AI-powered retouching tools for photographers to streamline the editing process and deliver higher quality results
  • The acquisition is expected to drive greater efficiency and revenue for ImageQuix’s studio customers

ImageQuix has acquired Vancouver-based AI photo processing startup Skylab. The financial terms of the deal have not been disclosed. Skylab develops AI-powered retouching tools for photographers, aiming to streamline the editing process while delivering higher quality results compared to traditional human editing. The startup’s products include colour, crop, retouch, glare removal, and video services. Skylab claims to have processed over 125 million images to date. CEO of ImageQuix, Alex Kovacevic, stated that the acquisition will provide immense value to all of the company’s customers moving forward.

Skylab was co-founded in 2018 by CEO TJ Rak and director of machine learning Alireza Shafaei. Rak, who has 15 years of experience as a photographer, expressed pride in the tool that the company has developed, which is affordable, accessible, and reduces production time by 90%. The two companies have worked in close partnership since 2020.

ImageQuix offers workflow management and e-commerce tools for high-volume photography businesses. The company recently acquired Fotomerchant, another workflow solution targeted at high-volume photography studios. The acquisition of Skylab is expected to drive greater efficiency and revenue for ImageQuix’s studio customers. Skylab’s focus on developing innovative technology in an intuitive and user-friendly way is seen as unmatched and valuable for the combined entity.

Both Skylab and ImageQuix were founded in 2018. Skylab was admitted into the UBC Hatch program and UC Berkeley Skydeck programs in 2020. The startup’s acquisition is expected to support ImageQuix’s goal of providing efficient software solutions to professional photographers.

Latest from Blog

McDonald’s hit by worldwide tech glitch.

McDonald’s Tech Outage Summary TLDR: McDonald’s experienced a global tech outage leading to restaurant closures The outage was due to a “system failure” and not cybersecurity issues Fast food giant McDonald’s faced