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Ailytics raises US$7.4 million to expand industrial vision AI

·1 min read

Singapore-based Ailytics has raised US$7.4 million in a Series A led by Tin Men Capital to expand its industrial safety and operations platform. Participants included SEEDS, part of SG Growth Capital, Japanese cloud camera company Safie, a major Japanese construction company, family offices and existing investors. The funding will strengthen local teams in the US, Japan, Australia and the Gulf.

Since its US$2.7 million pre-Series A in April 2024, Ailytics has grown from 70 projects in four countries to more than 400 deployments across 15 countries. Its installations include NatSteel, PaxOcean, DHL and Rome’s Leonardo da Vinci International Airport, following its beginnings on Singapore public housing projects.

The company’s Ailyssa platform converts existing CCTV feeds into real-time safety and operational insights for heavy industries. It derives three-dimensional spatial understanding from a single two-dimensional feed and is designed to work with older cameras through rain, dust and poor lighting. Its latest reasoning engine, AilyssaX, interprets changing scenes and verifies multi-step procedures to improve alerts. Ailytics also plans to develop domain-specific reasoning models while keeping AI operating costs low as demand grows.

Originally reported by prnewswire.co.ukRead the source →
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