Skyqraft, a Stockholm, Sweden-based grid inspection company, secured $3.8 million in oversubscribed investment.
The round was led by Subvenio Invest, Neptunia Invest, and Antler.
Founded in 2018, Subvenio Invest is a venture capital firm based in Stockholm, Sweden. The firm seeks to invest in early-stage companies within the B2B, technology, and healthcare sectors.
Neptunia Invest is an investment firm based in Stockholm, Sweden. The firm invests in companies within real estate and finance, as well as the defense and security sectors.
Antler is a venture capital firm founded in 2017 and based in Singapore. The firm is a startup generator and early-stage venture capital firm seeking to invest in the technology sector. It is an early-stage investor backing technology companies globally.
Skyqraft Use of Funds
The funding will be used to advance Skyqraft's AI product and expand its services to cater to clients in Europe and North America.
Founded in 2019, Skyqraft is a visual data analytics provider helping businesses in the linear infrastructure sector make better decisions about their grid. Skyqraft's end-to-end cloud-based AI platform provides visibility and actionable insights into grid owners' physical assets. The platform operates as the layer between data collectors, operations, and field teams, combining sensor data, including images, 3D point clouds, and thermal imaging, all in one place to detect 10x more defects in grids than traditional methods.
Company: Skyqraft AB.
Funding Month: September 2023
Lead Investors: Subvenio Invest, Neptunia Invest, and Antler
Company Website: https://www.skyqraft.com/
Software Category: Visual Data Analytics