Seervision After the EIC Accelerator: Camera AI Sold to Q-SYS

14 October 20261,817 words10 min

Seervision, a 2016 spin-off of the Automatic Control Laboratory at ETH Zurich, wrote software that moves pan-tilt-zoom (PTZ) cameras on its own, keeping a speaker in frame the way a human camera operator would. In the March 2020 cut-off of the EIC Accelerator pilot it was selected, grant only, for Multi RoboDOP, a project to extend that tracking from one camera to a coordinated set of several, according to the European Commission's list of selected companies, which names Seervision AG as the project's only company. The EU contributed €1,533,350 to a total cost of €2,190,500, and the project ran from 1 September 2020 to 30 June 2022, according to CORDIS.

The software was finished. Sales were another matter: the company's final report to the EU counts 10 Multi RoboDOP deals and CHF 32,500 of revenue in 2022, against a plan of €27.8 million in revenue four years after a launch in the fourth quarter of 2021. In June 2023 Q-SYS, a division of the Californian audio-visual company QSC LLC, agreed to buy Seervision, and it completed the purchase on 3 August 2023, according to Q-SYS and Installation. The price was not disclosed.

€1.53MEU contribution to Multi RoboDOP
CHF 32,500Revenue in 2022, per the CORDIS report
19Employees at the June 2023 sale
AcquiredBy Q-SYS, August 2023

Company file

Legal entity
Seervision GmbH (until July 2023 Seervision AG), UID CHE-494.139.707, Zurich
Registered
September 2016, statutes dated 23 August 2016
Founders
Nikolaos (Nikos) Kariotoglou, Reto Hofmann, Hans Conrad von Grebel
Address
Langstrasse 175, 8005 Zurich, since November 2024
Investors before the sale
Verve Ventures, Metavallon, EIC Fund, Zürcher Kantonalbank (2021 round)
Owner
QSC group; QSC was bought by Acuity Brands in January 2025
EIC funding
Multi RoboDOP, EIC Accelerator pilot, March 2020, grant only

Where Seervision Stands Now

The company still exists as a legal entity. The Zurich commercial register lists Seervision GmbH as active, with a purpose clause stating that it "is part of the QSC group", according to Zefix. Its managing directors include co-founder Nikolaos Kariotoglou and QSC's Jatan Shah, and in February 2026 a new managing director from Germany replaced another, according to Moneyhouse and the register. Ernst & Young became its auditor in September 2025.

As a brand, Seervision is gone. Both seervision.com and qsys.com/seervision now forward to the product page of Q-SYS VisionSuite, a camera automation package for meeting rooms and lecture halls that the page describes with "Presenter Spotlight" and "Full-Body Presenter Tracking" functions on Q-SYS cameras. The first VisionSuite release, v81 of 16 April 2024, shipped a "Q-SYS Seervision plugin" for AI presenter tracking that ran on Seervision's own SV Suite software and accelerator hardware, according to Q-SYS release notes. The current page names a different accelerator, the VSA-100, and does not mention Seervision; how much of the Zurich code runs in it is not public.

The owner has changed again since. Acuity Brands, a US lighting and building technology group, completed its purchase of QSC with effect from 1 January 2025 for a gross price of $1.215 billion, according to its results release filed with the SEC and Inside Lighting.

The record

From ETH spin-off to a Q-SYS subsidiary in seven years

Seervision ran its EIC Accelerator pilot project from September 2020 to June 2022. A year later it agreed to sell itself to Q-SYS, a division of the US audio-visual group QSC.

  1. Sep 2016SeerVision AG registeredZurich, c/o ETH Automatic Control Laboratory
  2. Dec 2018SME Instrument Phase 1€50,000 feasibility study for Multi RoboDOP
  3. May 2019Preference shares issuedShare capital up to CHF 125,757
  4. Mar 2020EIC Accelerator pilot cut-offMulti RoboDOP selectedgrant only
  5. Sep 2020EIC project starts€1.53M EU contribution
  6. Oct 2021CHF 3.7M roundVerve Ventures leads; EIC Fund named as investor
  7. Jun 2022EIC project endsSeervision Suite 29.0.0, CHF 32,500 revenue in 2022
  8. Jun 2023Sale agreedQ-SYS, a division of QSC LLC
  9. Aug 2023Acquisition completedSold through Q-SYS channels from 7 Augustacquired
  10. Apr 2024VisionSuite v81Q-SYS release ships a Seervision plugin
  11. Jan 2025QSC changes handsAcuity Brands completes $1.215B purchase
  12. Feb 2026Register updateNew QSC-side managing director in Zurich

Zefix and SHAB, CORDIS projects 835417, 960589 and 957112, Startupticker, Q-SYS and Acuity Brands.

The Technology: A Camera Crew in Software

Seervision's own feasibility report put the problem in one number: 80% of a typical production budget goes on human labour. Its software watches the scene with cameras, estimates where a person is and where they are about to move, and drives motorised cameras to follow them. CORDIS describes the method as "computer vision, machine learning and model predictive control". A second, smaller EU grant, SeerPredict (€171,187.50, October 2020 to March 2022), paid for an engineer to build a model predicting a person's skeletal motion up to two seconds ahead.

The Multi RoboDOP objective described existing automation as "limited to assistive systems or partial automation based on pre-established scripts", unsuited to live shows. Seervision's pitch was to work with "a variety of movable cameras (PTZs) and robots" and to let users chain automated steps into workflows, which it opened to other systems through an API and a module for the Bitfocus Companion control software, according to the project's final report.

"Seervision, the only player offering an affordable full automation solution, will revolutionize the video production industry through Multi RoboDoP."

Multi RoboDOP project objective, CORDIS

What the EIC Project Promised, and What the Record Shows

Multi RoboDOP was the second stage of an EU funding path. In December 2018 Seervision received €50,000 from the SME Instrument Phase 1 for a four-month feasibility study, whose report set an expected impact of "€25.9M turnover" by 2024. The Phase 2 objective on CORDIS was more specific: finish the multi-camera coordination software in about 1.5 years, launch it in the fourth quarter of 2021, reach break-even 2.5 years after launch, and within four years win a 3 to 4% market share and €27.8 million in revenue. It aimed at live shows such as sports events and concerts, and at "halving" production costs.

The final report, covering June 2021 to June 2022, says the work ended with the stable release of version 29.0.0 of the "Seervision Suite". The company built a test space and studio, ran a remote production with a Zurich video company, tested a cloud-based prototype, set up customer support and assembly of its compute units, and signed 11 distribution partners. Its listed results: "6 new investors for a financing round in 2021, 10 Multi RoboDOP deals and CHF32,500 of revenue in 2022". The report also shifts the target market: it presents the product for corporate events, hybrid lectures and meeting rooms, not sports or concerts.

  1. Finish the multi-camera softwareDeliveredSeervision Suite 29.0.0, CORDIS report.
  2. European market launchDelivered11 distribution partners, 10 deals by 2022.
  3. Live sports and concert productionsPartlyMarket moved to lecture halls and meeting rooms.
  4. Break-even 2.5 years after launchNot achievedNever announced; capital shortfall at the 2023 conversion.
  5. €27.8M revenue and 3 to 4% shareNot achievedCHF 32,500 revenue in 2022; no later figure as an independent company.

The project budget

The EU paid 70% of the €2.19M project

Seervision was the only beneficiary of the Multi RoboDOP project and covered the remaining 30% itself.

CORDIS, project 960589. Values in euros.

The Money Behind It

Seervision raised CHF 3.7 million in October 2021 in a round led by Verve Ventures, with Metavallon of Athens, the EIC Fund, Zürcher Kantonalbank and existing investors, according to Startupticker and Silicon Canals. The money was to fund sales through partners such as Diversified in North America, ASK Corp. in Japan and B+T Bild+Ton in Switzerland, a larger development team and a new office in Athens; the company then had "over 30" employees. The register shows the capital increases that went with this round, in September and December 2021 and May 2022.

The EIC Fund's part is not confirmed by the EIC itself. The EIC Fund's list of invested companies, 323 organisations over 17 pages checked on 14 October 2026, does not name Seervision. The EC list records the Multi RoboDOP award as grant only, so any EIC Fund stake was a separate decision; its size and date are not public.

The register

Share capital grew in steps with each funding round

Each step is a capital increase published in the Swiss Official Gazette of Commerce. Most new shares were preference shares, a sign of investor rounds; the amounts paid for them are not in the register.

Zefix and SHAB entries for CHE-494.139.707. Nominal share capital in CHF thousands.

By the time of the sale the company was smaller. Startupticker reported 19 employees in Zurich and Athens when the deal was announced on 12 June 2023. On 10 July 2023 the new owner converted the company into a GmbH. The conversion was based on a balance sheet as of 1 July 2023 with assets of CHF 1,614,112 and liabilities of CHF 1,594,810, together with a non-repayable payment "to eliminate the shortfall" in capital cover, and the sole shareholder received 177,601 shares, according to the Swiss Official Gazette of Commerce entry shown on Zefix. Seervision's own accounts, revenue and losses were never published.

The EU money

Three Horizon 2020 grants, one large one

The EIC Accelerator pilot grant made up almost nine tenths of the €1.75M in EU contributions CORDIS lists for Seervision.

CORDIS, projects 960589, 957112 and 835417. Values in euros.

Why It Matters for Europe

The EU's Media and Audiovisual Action Plan asks the sector to handle the digital transition and supports media start-ups, in the name of Europe's "cultural and technological autonomy". Seervision was a European answer in one niche of that: AI camera control developed at a Swiss university with EU money. Its sale shows a common route for such companies. The technology lives on inside a US product line, now part of Acuity Brands, while the Zurich entity remains as a subsidiary; whether the jobs in Zurich and Athens remain is not public.

What the company said

Full automation of live shows, halved production costs, €27.8M in revenue and break-even within a few years of a late 2021 launch.

What the record shows

Working software and 10 deals, CHF 32,500 of revenue in 2022, fewer staff, and a sale to Q-SYS in 2023 that folded the product into VisionSuite.

The Verdict

A product finished, a business sold

The EIC grant paid for software that was completed; the Seervision name now forwards to Q-SYS VisionSuite, and how much of the Zurich code runs in it is not public. The commercial plan behind the grant did not come close: Seervision never reported revenue near its targets and became a unit of a US group a year after the project ended.

Seervision, Q-SYS and the EIC were not asked for comment for this article. It is based on public records and published statements, linked throughout.

Industry

Digital and computingDigital media

Focus
  • Video software
Technologies
  • Computer vision
  • Control systems
Keywords
  • Camera automation
  • PTZ cameras
  • Live production