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A company which uses AI and drones to inspect wind turbines is set to expand after receiving its largest investment to date.
Perceptual Robotics will use the £2.7m funding to expand into the North America and Latin American territories, as well as double its team.
It is the latest step-up for the Bristol-based company, which has sites across Europe and launched operations in Southeast Asia earlier this year.
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Kostas Karachalios, CEO of Perceptual Robotics, said: “We are thrilled to announce this latest round of funding.
“Not only will the new investment help us grow worldwide, it will also enhance our product offering and further develop and expand our existing products.
“Perceptual Robotics has a proud history in inspecting and processing data from wind turbines and blades onshore with trusted partners across Europe and the UK.
“With this latest investment, we look forward to continuing our vital work into offshore inspections and advanced analytics, guaranteeing our customers have everything they need to ensure their assets are delivering time and again.”
A wind turbine inspection company is to expand to new heights after receiving £2.7m funding – photo: Perceptual Robotics
The investment is being led by OnePlanetCapital, a climate change-focused early-stage venture capital fund.
Anthony Chant, investment director at OnePlanetCapital, said: “We are delighted to be supporting Perceptual Robotics with their continued growth into new geographies and products.
“An investment by OnePlanetCapital means so much more than just receiving funding.
“We look forward to providing Perceptual Robotics with the support and counsel they may need in order to continue to turn their dreams into a success.”
Perceptual Robotics was founded out of the University of Bristol in 2016 and uses self-service drones to collect high-quality wind turbine data in less than 20 minutes.
AI in the drones can detect any damage and provides clients with all the information they need to carry out maintenance, reduce downtime, increase safety and cut costs.
Main photo: Perceptual Robotics
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