Fermata Discovery Raises Seed Round, Fundings: Emrod, SiLC, Orbital Sidekick
Summary
Fermata is an AI-driven software development firm designed to automate and scale routine processes involved with investigative workflows. "We are excited to partner with Fermata Discovery, a world-class female-founded company that is bringing a new level of innovation and creativity to technology solutions for the investigative community. We believe Fermatas VIXN platform has the potential to transform and accelerate human engagement with both open-source and proprietary data, dramatically improving the quality and speed of investigations across key sectors ranging from law enforcement and the IC to financial institutions and non-profit organizations. The funds will be used to provide the power beaming technology for the demonstration.Elevator Pitch: Photonic sensors and 3D imaging applications designed to address the growing needs of autonomous devices.Funding: The company raised $18.5 million of venture funding from undisclosed investors on October 14, 2022.Elevator Pitch: Hyperspectral data imaging technology designed to capture and send images and mapping data of the earth.Funding: The company raised $7 million of venture funding from undisclosed investors on October 14, 2022.Innovating the Profession of Arms: Education for Defense Innovation None Defense Innovation Unit notes: we live in an era in which technology competition is the new global battleground. aims to hobble Chinas chip industry with sweeping new export rules None The Biden administration launched a broad set of export controls that will require many US companies to halt shipments of equipment to Chinese-owned factories that produce advanced logic chips and cut off China from US equipment made semiconductors.