Ception

AI-powered Safety System for Heavy Machinery

Industrial Technologies
Active
Seed Jerusalem Founded 2018
Total raised
$7.0M
Last: Undisclosed 2022-09
Stage
Seed
Founded
2018
Headcount
7
HQ
Jerusalem
Sector
Industrial Technologies

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 · 2 rounds · $7.0M total

2022-09
Undisclosed Undisclosed
2020-02
Seed Undisclosed

Sectors & technology

Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesOperational Optimization Solutions
Technologies
Simulation & ImagingDigital TwinSensingLIDARGeolocationArtificial IntelligenceComputer VisionDeep Learning
Target customers
Defense, Safety & SecuritySecurityLaw EnforcementTransportation & LogisticsTransportation InfrastructurePorts & HarborsIndustrial ManufacturingHybrid IndustriesMiningIndustrial EquipmentMachineryDiscrete IndustriesAutomotiveReal Estate & ConstructionConstruction
Business model
B2B

Highlights

Verified

Tags

safetylogisticsindustry-4-0digital-twinautomotivecomputer-visionpatent-pendingdeep-learningsensorsminingartificial-intelligence