Perciv AI has secured a €2.5M seed round led by DayOne Capital, with participation from Keen Venture Partners and Vinci Venture Capital, to scale its AI-driven radar technology for autonomous systems.

?? HQ: Delft, Netherlands

?? Industry: Autonomous systems, Automotive, Robotics, Aerospace

?? Solution: AI-driven radar perception and radar-camera fusion technology, delivering LiDAR-like performance at a fraction of the cost.

?? Founder(s): Balazs Szekeres, Dr. Andras Palffy, Srimannarayana Baratam

?? Founding year: N/A

?? Investment amount (current round): €2.5 million seed round

?? Stage: Seed

?? Funded by: DayOne Capital (lead), Keen Venture Partners, Vinci Venture Capital

?? It will be spent on scaling operations and expanding their technology to new industries.

?? Their specialty: AI for radar perception, adaptable to any radar and condition, aiming to ensure safety, affordability, and reliability

?? Business model: Technology licensing and partnerships with key industry players

?? Customer profile: Manufacturers and buyers of autonomous vehicles, robots, and systems operating in diverse environmental conditions