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Hungarian-founded Perciv AI Secures €2.5M Seed Round Led by DayOne Capital

Perciv AI
Image credit: Perciv AI Founders
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Perciv AI has secured a €2.5M seed round led by DayOne Capital, with participation from Keen Venture Partners and Vinci Venture Capital, to scale its AI-driven radar technology for autonomous systems.

📍 HQ: Delft, Netherlands

🏭 Industry: Autonomous systems, Automotive, Robotics, Aerospace

📣 Solution: AI-driven radar perception and radar-camera fusion technology, delivering LiDAR-like performance at a fraction of the cost.

👯 Founder(s): Balazs Szekeres, Dr. Andras Palffy, Srimannarayana Baratam

📅 Founding year: N/A

💰 Investment amount (current round): €2.5 million seed round

🌱 Stage: Seed

🚀 Funded by: DayOne Capital (lead), Keen Venture Partners, Vinci Venture Capital

💡 It will be spent on scaling operations and expanding their technology to new industries.

💪 Their specialty: AI for radar perception, adaptable to any radar and condition, aiming to ensure safety, affordability, and reliability

🔑 Business model: Technology licensing and partnerships with key industry players

👥 Customer profile: Manufacturers and buyers of autonomous vehicles, robots, and systems operating in diverse environmental conditions

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