- Raised funding round, Sep 2022
- Raised grant, Jan 2021
- Raised funding round led by MoreVC, Feb 2020
About
Ception is the developer of MineCept, an AI-based system for reducing accidents and improving the productivity and profitability of heavy equipment at construction sites, mines, quarries, and industrial plants. The system is designed to lower operation costs and contribute to sustainability in these demanding work environments. MineCept uses advanced, real-time, high-definition 3D mapping and precise positioning technology, based on visual feed rather than GPS, to provide full situational awareness of a machines surrounding environment by cross-referencing information from different sensors and a range of image-processing algorithms and deep learning methods. MineCept is installed on heavy vehicles and provides operators, site managers, and safety managers with real-time information and insights in order to improve safety and overall operational efficiency.
Funding history · 3 rounds · $7.0M total
Q&A
- What is Ception's primary product?
- Ception develops MineCept, an AI-based system designed to reduce accidents and improve productivity for heavy equipment in construction sites, mines, quarries, and industrial plants.
- When was Ception founded?
- Ception was founded in July 2018.
- What is Ception's total funding to date?
- Ception has raised a total of $7,000,000 USD.
- Which investors participated in Ception's funding round in February 2020?
- In February 2020, Ception received funding from MoreVC and IIA.
- Did Ception receive any grants?
- Yes, Ception received a grant from the BIRD foundation in January 2021.
- What was Ception's most recent funding event?
- Ception's most recent funding event was in September 2022, with participation from Access Construction Innovation Hub.
- What technologies does Ception utilize in its solutions?
- Ception utilizes technologies such as Simulation & Imaging, Digital Twin, Sensing, LIDAR, Geolocation, Artificial Intelligence, Computer Vision, and Deep Learning.
- Who are the co-founders of Ception?
- The co-founders of Ception are Tal Israel (Co-founder & CEO), Amiad Solomon (Co-founder), and Yossi Buda (Co-founder & CTO).
Team · 3
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | driveu.auto |
|---|---|
| linkedin.com/company/18235547 |
Identifiers & details
| Former names | StreetLight Solutions, StreetLight ai |
|---|---|
| Founded | 2018-7 |
| Employees (exact) | 7 |
Radar intelligence
Patents
| EPO | 7 |
|---|
Publications (Crossref)
| Works | 1 |
|---|
Web history (Wayback)
| Domain | driveu.auto |
|---|