Jacob Neidhardt
December 14, 2024
Dutch-based startup Perciv AI, which specializes in AI-driven radar perception solutions, has raised €2.5 million in a seed funding round to revolutionize autonomous system capabilities. The investment was led by DayOne Capital Ventures and Keen Venture Partners, with additional participation from Vinci Venture Capital.
About Perciv AI
Founded in 2022 by Balazs Szekeres, Andras Palffy, and Srimannarayana Baratam, Perciv AI integrates next-generation radar and radar-camera fusion technology to provide robust and cost-effective environmental perception. Its solutions aim to deliver LiDAR-like performance at a fraction of the cost, targeting industries such as:
• Automotive
• Robotics
• Aerospace
By enhancing radar technology to perform seamlessly across diverse environments and applications, Perciv AI is paving the way for safer and more efficient autonomous systems.
Funding Details and Strategic Impact
This seed funding will enable Perciv AI to:
1. Expand Operations: Scale its solutions to meet the growing demand across global markets.
2. Enhance Technology: Improve AI-driven radar perception for a broader range of use cases.
3. Strengthen Partnerships: Build upon collaborations with leading automotive and industrial players.
Dr. Csaba Kakosy, Managing Partner at DayOne Capital, emphasized, “Perciv AI aligns with our vision of transformative technologies that enhance efficiency and safety. We’re proud to support their journey to democratize autonomous technology.”
Aylin Girgin Ozbilis, Investment Director at Vinci Venture Capital, added, “Perciv AI has demonstrated strong market fit and innovation, earning trust from key stakeholders in mobility and robotics.”
Why Perciv AI Stands Out
Perciv AI differentiates itself by leveraging:
• Radar-Camera Fusion: Combining multiple sensor technologies to ensure reliability and precision.
• Cost Efficiency: Offering advanced performance at lower costs, making it accessible to a wider market.
• Industry Applications: Addressing safety and mobility challenges across sectors, with far-reaching implications for public safety and smarter infrastructure.
Looking Ahead
With this investment, Perciv AI is well-positioned to lead advancements in radar perception, transforming the autonomous systems landscape. The startup continues to work closely with its partners to bring scalable, AI-powered solutions to market.
For more information, visit Perciv AI.
