Percepto has announced that it has raised US$15m Series A Round Funding, led by U.S. Venture Partners (USVP), with participation from existing investors: NHN, Spider Capital and Emerge. The company has to date raised a total of US$27.5m. Previous investors include R&R Venture Partners and Hyundai Motors.
CEO of Percepto, Dor Abuhasira explains: “This new investment in Percepto accelerates our rapid trajectory. We have the solution, talent, infrastructure and funding in place to scale our operations and further expand our international presence that already includes energy, oil & gas, mining and other heavy industry businesses in more than ten countries. It also enables us to continue at pace with Percepto’s ground-breaking research and development.”
The Percepto Solution, a recipient of the Frost & Sullivan Global Enabling Technology Leadership Award, is in use around the world, including a number of Fortune 500 organisations in the US, South America, EMEA and South East Asia. The Drone-in-a-Box (DIB) solution improves on-site security, safety, operations, maintenance and compliance with its unique computer vision and AI technology. This technology enables real-time detection of threats, safety hazards and anomalies, as well as mapping, 3D modelling and emergency response, all can be remotely managed over the cloud.
Among the company’s customers is Enel, the Italian multinational energy company that uses Percepto’s solution to protect and optimise its operations. The benefits of using the Percepto Solution include increased productivity while reducing costs and minimising risks.
The global commercial drones market has a projected value of over US$17bn by 2026. Dafina Toncheva, Partner and USVP explains the reason for investing in Percepto: “Percepto has impressive technology, the right go-to-market strategy and an excellent team. It has a proven ability to deliver to critical facilities and heavy industries, unparalleled access to aerial data and perception which unlocks huge commercial value, whilst lowering costs and mitigating risk.”