Infravision Raises $23M USD in Series A Funding

Funding Rounds

Summary

The company intends to use the funds to accelerate the expansion of its proprietary field robotics powerline stringing system and intelligent grid monitoring solutions to utilities and contractors in North America and globally, invest in current and prospective employees and scale operations in North America. Founded in 2018 and led by Cameron Van Der Berg and Chris Cox, Infravision is driven to build technology that reduces risk and increases efficiency in the global transition to renewable energy resources. Its products accelerate grid modernization with drone enabled line upgrades for utility partners globally. The company has operational presence and facilities in Austin, Texas and San Francisco, California, as well as New South Wales and Queensland in Australia. It was used to conduct energized power line stringing over urban areas north of San Francisco and reactively during the 2023 storm season, more quickly than traditional means.

$ Funding

$
Amount - Total raised
Date September 27, 2023 Announcement date
Investors - Lead investors
Company infravision.com Funded company

Classifications

industries
No industries detected
applications
ERP & Process Management

AskAI Classifications

Labels
Enterprise Software IT Service Management Software as a Service (SaaS)

Linked Companies

InfraVision
$1M to $5M