Sightec, a 2017-founded startup based in Israel, is dedicated to solving the technical challenges of computer vision and AI in autonomous flights. The company's solutions leverage proprietary algorithms and deep learning technology to create powerful vision systems in a cost-effective, lightweight package, requiring minimal processing power and energy. Sightec's offerings promise safe mobility through vision-based orientation and navigation (GPS-free) and safe, accurate landing. Additionally, the company provides real-time inspection capabilities, including autonomous detection and tracking of ground and aerial objects, as well as monitoring and inspection of critical infrastructure. In its most recent investment round in October 2021, Sightec secured funding from The European Innovation Council. This injection of capital underscores the investor confidence in Sightec's innovative approach to solving challenges in the computer vision industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | €2.46M | 1 | 06 Oct 2021 | |
Venture Round | Unknown | 1 | 06 Oct 2021 | |
Convertible Note | $2.00M | 1 | Delta Drone | 24 Mar 2021 |
Venture Round | Unknown | 1 | Starburst Accelerator | 04 Dec 2019 |
Seed Round | $2.00M | 2 | 01 Dec 2018 |
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