Levatas Raises $5.5M in Seed Funding

Levatas, a West Palm Beach, Fla.-based developer of AI software program that permits robots, drones, distant sensors, and glued cameras to execute operational duties at industrial websites, raised $5.5m in seed funding.

The spherical was led by Castellan Group. In conjunction with the funding, Scott Smith, Founding Family Member of Castellan Group, joined Levatas’ board.

The firm intends to make use of the funds to scale software program improvement, {hardware} integrations, and growth into new industries.

Founded by CEO Chris Nielsen, together with companions Ryan Gay and Daniel Bruce, who function Chief Financial Officer and Chief Product Officer, respectively, Levatas is a developer of cognitive intelligence for automating industrial inspections. The answer creates and delivers end-to-end options that allow robots, drones, distant sensors and digital camera techniques to autonomously carry out tools monitoring, security checks, and web site surveillance duties in industrial environments.

Currently, Levatas’s platform and industrial AI fashions create better effectivity for main chip producers, international automakers, oil refineries, vitality producers, and one of many largest breweries in the United States. Specific to every facility, the staff builds and deploys absolutely operational fashions for analog gauge studying, thermal anomaly reporting, individuals identification, and detection of environmental adjustments over time. These duties are then executed day by day by autonomous robots, drones, digital camera techniques, and different visible knowledge assortment gadgets.

FinSMEs

17/05/2022

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