ArgosAI is an innovative startup based in Turkey, founded in 2015, with a mission to revolutionize airport ground operations through AI and computer vision technologies. The company's flagship product, A-FOD, is the world's first AI and computer vision-based automated Foreign Object Debris (FOD) detection system, which is designed to enhance airport safety and efficiency. A-FOD is powered by advanced deep learning and computer vision techniques, allowing for continuous and instantaneous FOD detection, thereby significantly reducing the risk of FOD-related accidents. This innovative system not only enhances safety but also enables 4% capacity and utilization increase for airports, while saving up to €80M annually for the airlines in FOD-related damages. Additionally, A-FOD's patented computer vision system provides accurate location, size, and type classification of FODs occurring on ground operational areas, operating on all airport operation areas including gates, cargo aprons, taxiways, runways, and heliports. Moreover, aside from FOD detection, ArgosAI's solution offers essential data and analytics for airport and airline stakeholders, enabling real-time monitoring and analysis of complex ground operations. This capability provides insights crucial for optimizing operations, thereby enhancing overall efficiency and customer satisfaction. The company recently received a Venture - Series Unknown investment on 30th July 2021, indicating recognition and support from investors in its pursuit to transform the aviation industry. ArgosAI's focus on safety, efficiency, and leveraging AI positions it as a promising player in the intersection of AI, computer vision, enterprise software, IT, transportation, and machine learning industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture - Series Unknown | Unknown | - | 30 Jul 2021 | |
Grant | Unknown | - | 01 Nov 2018 | |
Seed | Unknown | - | 01 Aug 2018 | |
Grant | Unknown | - | 01 Mar 2018 | |
Seed | Unknown | - | 01 Sep 2017 |
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