Teraki is a Berlin-based startup founded in 2015 with a mission to enable accurate machine learning in the Automotive, Drone and Robotic industries without compromising safety. Their embedded software for intelligent and AI-compatible sensor data pre-processing facilitates quicker and more accurate training and improvement of AI-models, while efficiently handling the burgeoning amounts of edge data. The cutting-edge AI-focused solution allows low-powered hardware to extract real-time information from telematic, camera, and 3D point cloud sensors. It also enables the detection of events and objects with high accuracy. The edge processing is deterministic and certifiable conform safety standards for autonomous control of cars, forklifts, drones, and robots. Moreover, Teraki received a significant $11.00M Series A investment on 17 December 2019 from a consortium of investors including Rev1 Ventures, Bright Success Capital, Horizons Ventures, Paladin Capital Group, Future Energy Ventures, Innogy Ventures, Castor Ventures, and Alumni Ventures. The company operates in the Information Technology, Autonomous, and Sensor Tech sectors. With its innovative solutions, Teraki plays a vital role in enabling safer autonomous mobility with edge-AI.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $11.00M | 8 | Castor Ventures, Alumni Ventures | 17 Dec 2019 |
Venture Round | $2.30M | 3 | 27 Mar 2019 | |
Convertible Note | €1.25M | 2 | GPS Ventures | 01 Apr 2018 |
Debt Financing | €380.00K | 5 | Nikolay Grachev, Daniel Richart +1 | 01 Dec 2017 |
Non Equity Assistance | €490.00K | 1 | 01 Jul 2017 |
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