Bristol’s Perceptual Robotics secures first close of funding round

Perceptual Robotics, a Bristol-based company designing automation and inspection solutions, has raised its first close of its current round of funding, with Brookstreet Equity Partners leading the investment.

The firm will use the funding from Brookstreet to expand its product offering as well as reaching into new markets, one of which will be the US.

Brookstreet joins existing Perceptual Robotics backers including TSP Ventures, Future Fund, Humble Holdings and Metavallon VC.

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Kostas Karachalios, CEO and Founder of Perceptual Robotics, said: “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.”

Perceptual Robotics is developing a system which uses drones to collect data from wind turbines in less than 15 minutes and then analyses that data using AI. The firm’s Dhalion solution makes inspections safer and more cost-effective, reducing wind-farm downtime.

Omiros D. Sarikas, (Managing Partner) CEO of Brookstreet, said: “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.”

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