Pre-Series A · AI
Ailytics raises $2.7 million to expand industrial video analytics
The pre-Series A financing supports product development and expansion beyond Singapore.
Tin Men Capital led the pre-Series A financing, joined by Aurum Investments, AngelCentral and other strategic investors. The Singapore company announced the funding on April 1, 2024.
Ailytics’ software uses existing cameras to identify unsafe activity in construction and manufacturing. It derives spatial information from a two-dimensional video feed to identify hazards such as the danger zone beneath a suspended load or the area around heavy equipment. The system is designed to work with low-resolution cameras in changing industrial environments.
Use of funds
Expand international operations
Develop video analytics technology
Funding history
Pre-Series A · This round$2.7M