Bristol's Perceptual Robotics is announcing a new fundraise for its drone fleet geared to data gathering from renewable power plants.
London investor Brookstreet Equity Partners led the first close of Perceptual's latest funding to support its foreign expansion, including a planned foray in the US. Proceeds will also support Perceptual's product roadmap.
Perceptual's drones perform remote inspections at wind turbines — it claims inspections are executed four times faster. Its Dhalion drone product combines AI with unmanned aerial footage to provide data insights to human personnel, limiting operating cost and downtime. Perceptual also claims human safety hazards incurred by manual inspections are reduced.
In addition to its Bristol headquarters, Perceptual has branch offices in Greece, Spain and France.
Omiros D. Sarikas, Brookstreet CEO and managing partner, commented: "We welcome Perceptual Robotics to the Brookstreet family and look forward to working with founders, management and co-investors to fast track their scale up journey.
"In the era of digital transformation and green transition, Perceptual Robotics blends AI and autonomous technologies for the benefit of renewable energy sources, which fuel our circular economy.”
Kostas Karachalios, Perceptual Robotics CEO and founder, added: "We are delighted to have raised our first close of the round and to bring along Brookstreet.
"Their invaluable experience with companies in the robotics space, as well as international transactions, will enhance our transatlantic exposure whilst we push to expand in new geographies and expand our product offerings."