Independent Site Inspection Solutions Company Imagine announced that it has raised $67 million in Series C equity and debt co-financing, led by Koch Disruptive Technologies (KDT), along with new investors Zimmer Partners and a large US energy company. Existing investors US Venture Partners, Delek US Holdings, Atento Capital, Spider Capital and Arkin Holdings also participated in the round. A total of $120 million has been invested in the company so far.
Percepto recently received a nationwide US Federal Aviation Administration (FAA) (Beyond Line of Sight) exemption, allowing the company to supply remotely operated automated inspection drones to any critical US infrastructure site, without the need for special approvals. Active. Percepto calls this a “game-changer for the industry,” saying it removes logistical and cost barriers, such as the need for radars or people on the ground, which it says will fuel adoption of autonomous drone technology.
“KDT’s reinvestment underscores their confidence in our ability to make businesses 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 new regulations that greatly increase access to the use of autonomous drones, the conditions are becoming conducive to the expansion of the self-driving drone market, and Percepto to meet the growing demand for automated drone inspections and monitoring on industrial sites.”
“Percepto is a powerful force in advancing the accessibility of automated drones for industrial inspection and monitoring,” said Chase Koch, founder and CEO of Koch Disruptive Technologies. “Having deployed Percepto technology across several Koch companies, we are experiencing first-hand how innovative research and development is improving inspection and monitoring. Their work to create a clear regulatory path for this technology positions it in a strong market position, firmly positioned at the forefront of the industry. We look forward to continuing our journey with Percepto because it sets a new standard for making industrial processes safe, efficient and sustainable.”
Percepto was founded in 2014 by Abuhasira, CPO Raviv Raz, CTO Sagi Blonder, and CCO Ariel Avitan. The company has offices in Modi’in, the USA and Australia.
Published by Globes, Israel business news – en.globes.co.il – on June 13, 2023.
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