Levatas, a West Palm Beach, Fla.-based developer of AI software that enables robots, drones, remote sensors, and fixed cameras to execute operational tasks at industrial sites, raised $5.5 million in a seed funding round led by Castellan Group.
The funding will be used to grow the machine learning engineering team, help the company extend into additional industries, and enable integration with a broader array of data capture hardware.
Company: Levatas Inc.
Raised: $5.5M
Round: Seed Round
Funding Month: May 2022
Lead Investors: Castellan Group
Additional Investors:
Company Website: https://levatas.com/
Software Category: end-to-end AI solutions
About the Company: Founded by CEO Chris Nielsen, along with partners Ryan Gay and Daniel Bruce, who serve as Chief Financial Officer and Chief Product Officer. Levatas is the leading developer of cognitive intelligence for automating industrial inspections. Levatas creates and delivers end-to-end solutions that enable robots, drones, remote sensors, and camera systems to autonomously perform equipment monitoring, safety checks, and site surveillance tasks in industrial environments. Levatas builds end-to-end AI solutions, machine learning models, and human-in-the-loop systems that supercharge the way businesses are automating visual inspection. The Levatas platform and inspection models work with a wide variety of visual-capture platforms; ranging from fixed camera networks to advanced drones and quadruped robots like Boston Dynamics’ Spot®.
Source: https://www.businesswire.com/news/home/20220517005801/en