Calumino, a Sydney, Australia-based developer and manufacturer of proprietary next-generation thermal sensor technology and AI, announced that it raised $10.3 million in Series A funding, bringing Calumino's total raised to over $20 million to date.
The round was led by Celesta Capital and Taronga Ventures, with additional participation from Egis Technology and others.
Calumino intends to use its funds to extend existing apps and develop new use cases. The team also intends to increase its investment in R&D and expand its worldwide workforce by opening additional offices in Europe, Taiwan, Japan, and the United States.
Calumino's breakthrough provides the first-ever intelligent sensing platform that aggregates new and important data points on human presence, activity, risks, and the environment.
Calumino's technology has been successfully commercialized in commercial building management and pest control. The firm recently entered the Japanese market as a strategic partner with a Mitsubishi Electric subsidiary, launching its breakthrough pest management solution "Pescle," based on the Calumino thermal sensor + AI.
"We are incredibly excited about this partnership and plan to roll this product out globally with our partners," said Marek Steffanson, Founder and CEO of Calumino. "No other technology can differentiate between humans and rodents reliably, in darkness, affordably, intelligently, and with very low data bandwidth – but this application is just the beginning. Our technology is creating an entirely new space in the market and we are incredibly grateful to our investors for their support as we continue to scale production and enable the next generation of intelligent sensing to solve important problems."
Company: MP High Tech Solutions Pty Ltd
Round: Series A
Funding Month: September 2022
Lead Investors: Celesta Capital and Taronga Ventures
Additional Investors: Egis Technology
Company Website: https://calumino.com/
Software Category: AI Thermal Sensor Platform
About the Company: Calumino is an emerging deep-tech company, developer, and manufacturer of proprietary and mass-deployable thermal sensors and AI technology. Calumino is on a mission to merge powerful and economical thermal sensor technology with AI intelligence, helping to propel industries forward by delivering new levels of insight and control for businesses. Calumino has pioneered the world's first privacy-protecting AI thermal sensor platform, filling the gap between intrusive cameras and low-performance motion sensors to protect individual privacy while delivering operational insights to various applications. Founded in 2014, Calumino is headquartered in Australia with clients, partners, and teams across the globe.