Israel’s Percepto secures $45m funding to develop AIM solutions

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Israeli drone operator Percepto, has secured a $45 million investment in Series B funding led by Koch Disruptive Technologies (KDT) to launch a new solution for remote, fully autonomous, asset monitoring, inspection and compliance of industrial sites.

KDT is joined by new investors State of Mind Ventures, Atento Capital, Summit Peak Investments, Delek-US and existing investors US Venture Partners, Spider Capital and Arkin Holdings, bringing the total investment in the company to $72.5 million. 

Evolving its drone-in-a-box solution to the next level, Percepto’s Autonomous Inspection & Monitoring (AIM) platform aims to set a new standard for how critical infrastructure and assets are monitored end-to-end.

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Operating a fleet of third party robots alongside its autonomous Sparrow drone, Percepto AIM provides visual data management and analysis to report trends and anomalies and to alert of risks.

Any member of staff can request data and Percepto AIM will deploy the most suitable robot independently without human accompaniment to retrieve and stream the required data. The platform also reports to assess risk, minimise downtime, drive efficiency and reduce operational costs without human intervention.

“Our customers, which include some of the world’s leading utility, oil and gas sites, mining and other critical infrastructure facilities, are eager to fully embrace automation across their operations and reap the benefits of driving efficiency, reducing costs and safeguarding staff,” said said Dor Abuhasira, CEO of Percepto.

“We’re excited to be the first to empower our customers with truly autonomous inspection and monitoring, driven by the management of multiple visual robotic data sources together with other visual sources including piloted drones, CCTV and mobile cameras, on site or remotely.”

Chase Koch, President of Koch Disruptive Technologies, said: “We believe Percepto AIM addresses a multi-billion-dollar issue for numerous industries and will change the way manufacturing sites are managed in the IoT, Industry 4.0 era.

“Percepto’s track record in autonomous technology and data analytics is impressive, and we believe it is uniquely positioned to deliver the remote operations centre of the future. We look forward to partnering with the Percepto team to make this happen.”

ICL Dead Sea, a leading global speciality potash, mineral and chemicals company, has been operating Percepto’s drone-in-a-box solution to carry out inspection, safety and security missions at its operations at the Dead Sea site, and was the first to fly beyond the visual line of sight (BVLOS) in Israel. 

“With Percepto’s AIM, we can now live stream all of our missions and no longer have to be physically present on site to control decisions regarding maintenance and operations. Wherever we are, we know exactly what is happening on site,” said Shay Hen, ICL Dead Sea Drone Program Manager. “We are looking forward to examining the integration of additional robots such as Boston Dynamics’ Spot onto our site for holistic inspection capabilities beyond aerial inspection.” 

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