Percepto, an Austin, Texas-based autonomous inspection and monitoring solution provider, announced today a combined $67 million in Series C in equity and debt funding.
The funding round was led by Koch Disruptive Technologies (KDT), with participation from new investors Zimmer Partners and one of the largest U.S. energy companies.
Existing investors, including U.S. Venture Partners, Delek US Holdings, Atento Capital, Spider Capital, and Arkin Holdings, also participated in the round. This latest investment brings Percepto's total funding to over $120 million.
Percepto Autonomous Inspection & Monitoring (AIM), the company’s end-to-end visual inspection solution powered by autonomous drones, robots, and AI, enables critical infrastructure sites to increase the frequency and quality of inspections via automation. The solution automates the entire visual inspection workflow, from data collection to AI-powered analysis and insights.
“KDT’s reinvestment underlines their confidence in our ability to make companies more profitable by keeping infrastructure operational in the face of the unpredictable,” said Percepto Co-founder and CEO Dor Abuhasira. “Organizations are increasingly discovering the benefits of autonomous and remote drone operations to automate facility inspections and data analysis across their sites. With this new round of funding, new strategic investors, and the new regulations that significantly increase the access to using autonomous drones, the conditions are ripe for the autonomous drone market to expand, and for Percepto to meet the growing demand for automated drone inspections and monitoring at industrial sites.”
The company recently received an unprecedented, nationwide Beyond Line of Sight (BVLOS) waiver from the FAA, allowing the company to provide any US critical infrastructure site with remotely-operated automated drones without the need for site-specific approvals from the FAA.
Company: Percepto Ltd.
Round: Series C
Funding Month: June 2023
Lead Investors: Koch Disruptive Technologies (KDT)
Additional Investors: Zimmer Partners, U.S. Venture Partners, Delek US Holdings, Atento Capital, Spider Capital, and Arkin Holdings
Company Website: https://percepto.co/
Software Category: Autonomous Inspection and Monitoring Solution
About the Company: Percepto is an autonomous inspection and monitoring solution provider, revolutionizing how industrial sites remotely monitor and inspect their critical infrastructure and assets. Percepto’s AIM platform fully automates visual data workflows from capture to insight, leveraging the Percepto Air drone-in-a-box portfolio, alongside other robots and visual sensors. Using advanced machine learning and AI, Percepto AIM provides an end-to-end autonomous inspection and monitoring solution, to assess risk, minimize downtime, drive efficiency, increase safety and reduce operational costs. Percepto’s solutions are trusted by Fortune 500 customers on six continents including Siemens Energy, Delek US, Koch Industries companies, and ICL Dead Sea Works.