Detect Technologies
As Industrial AI enterprise, increasing industrial productivity with patented hardware and cutting-edge technologies.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
* | $28.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 29 % | 78 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Detect Technologies was founded by Daniel Raj David and Tarun Mishra, who envisioned a future where industrial operations could be optimized through advanced AI solutions. The company, based in Chennai, India, focuses on providing cutting-edge AI-driven technologies to enhance safety and efficiency in industrial environments.
In its journey, Detect Technologies has made significant strides, particularly in the realm of industrial AI. The company has developed innovative solutions that leverage artificial intelligence to predict maintenance needs and manage visual inspection data, thereby reducing downtime and increasing operational efficiency for its clients.
A pivotal moment for Detect Technologies came in July 2022, when the company raised $28 million in a Series B funding round led by Prosus Ventures. This funding was instrumental in propelling the company's growth and expanding its technological capabilities. The investment underscored the confidence investors have in Detect Technologies' potential to revolutionize industrial operations.
Today, Detect Technologies stands as a leader in the industrial AI sector, continually pushing the boundaries of what's possible with technology. The company's commitment to innovation and excellence has positioned it as a key player in the industry, with a bright future ahead as it continues to drive the industrial AI revolution.