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Bristol’s Perceptual Robotics secures funding from Deeptech Labs accelerator

15 December 2022
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Perceptual Robotics, a Bristol-based company designing automation and inspection solutions, has secured investment from the Deeptech Labs start-up programme.

Perceptual Robotics, a Bristol-based company designing automation and inspection solutions, has secured investment from the Deeptech Labs start-up programme.

The funding was awarded following a successful pitch from CEO Kostas Karachalios and COO Dimitris Nikolaidis to more than 175 in-person and online attendees representing in excess of $130 billion in capital at Deeptech Labs on 7 December.

The insight gained will allow the firm to move beyond the wind industry, which it is currently focus on, into different renewable markets.

Kostas Karachalios, CEO of Perceptual Robotics, said: “Perceptual Robotics received an amazing welcome from Deeptech Labs and the investors were very keen to hear more about our Dhalion system.

“Each expert was completely focused on our success to ensure we take our inspection and maintenance solution to new clients and markets. The valuable insights we have gained from the industry leaders has undoubtedly prepared us for the next stage of scaling our business and will allow us to deliver our game-changing inspection solutions to a wider audience.”

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The Deeptech Labs accelerator programme aims to help develop technology start ups which are solving a substantial scientific or engineering challenge. The programme consists of a series of workshops on topics including sales and development, analysing what makes a high-performance organisation and understanding how businesses can stand out.

Perceptual Robotics
Perceptual Robotics CEO Kostas Karachalios pitching to Deeptech Labs.

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

It was chosen as one of only five companies. Along with funding, the firm received expert advice on how to develop its technology for the wind industry and beyond, with it now targeting other renewables with the funding it has been awarded.

Miles Kirby, CEO of Deeptech Labs, said: “There is an urgent need to develop and invest in the next generation of deeptech companies whose solutions address the fundamental issues that we face as a society today.

“Perceptual Robotics has a unique and powerful technological solution that supports the renewable industry world-wide. Thanks to our deeptech-specific accelerator programme - the only deeptech-specific accelerator in Europe - our cohort companies are stronger, more resilient and more ambitious in their commercialisation.

“Deeptech Labs is delighted to invest and support Perceptual Robotics which will ensure their growth across multiple sectors in Europe and beyond.”

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Sam is the Regional Editor of Biz News, responsible for both Hampshire and Dorset.

A new recruit to journalism, Sam started writing for the Business Magazine as a freelancer in May of 2022 after completing his degree in English at University College London. His passion for local businesses and ability to tell a story soon caught the attention of the publication’s management team and have led to his meteoric rise.

Sam, who lives in central Reading, takes a particular interest in technology, gaming and food and drink, having been a chef before starting his degree.

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