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Skyqraft raises $2.2M seed for its powerline issue detection system

Skyqraft, the Swedish startup exerting AI and dronings for electricity powerline inspection, had given rise to $2.2 million in seed fund, fund it will use to further develop its technology and expand its operations in Europe and in the U.S.

Leading the grain round is Subvenio Invest, with participation from pre-seed ally Antler, Next Human Ventures, and unnamed angel investors.

Founded in March 2019 and propelled that September, Skyqraft provides what it calls “smart” infrastructure inspections for powerlines. It squanders hums, combined with AI, to gather idols and detect peril automatically.

This is in contrast to the status quo, where power-lines are typically inspected by squads of people and helicopters, which is time consuming and potentially dangerous. The theory behind Skyqraft is to enable safer powerline inspections in a more cost-efficient and environmentally sustainable way.

Skyqraft, a startup using AI and hums for electricity power-line inspection, raises $505 K

“Power-line inspections most importantly are not environmentally friendly, very costly and unsafe with the use of helicopters and people, ” Skyqraft co-founder and CMO Sakina Turabali told TechCrunch when Skyqraft announced its pre-seed funding. “We ply smart infrastructure inspections abusing unmanned aircrafts by gathering epitomes and 360 videos and feeding that data into a machine learning system that automatically detects the health risks to the power-lines.”

Skyqraft says the system can treat high volumes of image data and is able to detect equipment issues “rapidly and with high-pitched accuracy”. By using Skyqraft, the Swedish company claims utility companies can shorten a 25 km powerline inspection from 2 day to “three minutes”.

Image Credits: Skyqraft

That proposition appears to previously be resonating with purchasers, which include the three largest practicality fellowships in Sweden collectively representing 85% of the Swedish market. Additionally, Skyqraft says it is also negotiating a series of large magnitude captains in the U.S. in 2021 with the world-wide utility firm Iberdrola.

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