Autonomous drone solution company Percepto announced Tuesday it has received $45 million in Series B funding to launch a transformative solution for remote, fully autonomous, asset monitoring, inspection and compliance of industrial sites.
The round was led by Koch Disruptive Technologies, joined by new investors State of Mind Ventures, Atento Capital, Summit Peak Investments, Delek-US and existing investors U.S. Venture Partners, Spider Capital and Arkin Holdings. Total investment in the Israeli company has now reached $72.5 million.
Percepto harnesses remote robotics to autonomously collect, aggregate and analyze visual data, which the company says places it at the forefront of redefining how industrial sites and critical infrastructure are holistically inspected and monitored. The company's Autonomous Inspection & Monitoring (AIM) platform, Percepto says, sets a new standard for how critical infrastructure and assets are monitored, end-to-end.
Operating a fleet of third-party robots alongside their autonomous Sparrow drone, Percepto AIM provides visual data management and analysis to report trends and anomalies and to alert of risks. Any staff member can request data and Percepto AIM will deploy the most suitable robot independently without human accompaniment to retrieve and stream the required data. The platform also seamlessly reports to assess risk, minimize downtime, drive efficiency and reduce operational costs without human intervention, according to the company.
Dor Abuhasira, CEO and Co-Founder of Percepto, said "We're delighted that our investors have recognized the growing need in the market for autonomous inspection, which is in demand now more than ever."
"Our customers, which include some of the world's leading utility, oil & gas sites, mining and other critical infrastructure facilities, are eager to fully embrace automation across their operations and reap the benefits of driving efficiency, reducing costs and safeguarding staff. We're excited to be the first to empower our customers with truly autonomous inspection and monitoring, driven by the management of multiple visual robotic data sources together with other visual sources including piloted drones, CCTV and mobile cameras, on site or remotely," the CEO said.
Percepto has also integrated its AIM platform into Spot, an agile robot developed by Boston Dynamics, to automate inspection rounds. Spot carries Percepto’s technology for high resolution imaging and thermal vision to detect issues including hot spots on machines or electrical conductors, water and steam leaks around plants, and equipment with degraded performance, with the data relayed via AIM, the company says.
"We believe Percepto AIM addresses a multi-billion-dollar issue for numerous industries and will change the way manufacturing sites are managed in the IoT, Industry 4.0 era," said Chase Koch, President of Koch Disruptive Technologies.
Meanwhile, Israel Defense will hold a special digital event, UVID Dronetech 2020, on December 10. The online conference is to focus on drones in both the civilian and defense sectors from national, strategic and holistic standpoints. For more information and registration, please visit: https://live.uvidtech.com