Birdsview Raises €3.7 Million to Enhance AI Concrete Assessment Technology
Birdsview, a company specializing in non-destructive AI-powered concrete assessment, has successfully raised €3.7 million in a recent funding round. The round was led by Sarsia, with participation from a diverse group of investors, including Butterfly Ventures, Proptechfonden, Kiilto Ventures, Nordic Makers, Momentum, Eviny Ventures, Farvatn Venture, and private investors Erik Bakstad, Gunnar Hvammen, and Herman Flinder. The company, based in Bergen, Norway, aims to use this fresh capital to advance its technological capabilities and expand its market presence.
Company Overview
Birdsview provides precise structural insights through its advanced 3D point cloud technology, allowing for optimized maintenance and cost savings. By employing artificial intelligence, the company offers a non-invasive method to assess concrete structures, which can be crucial for infrastructure maintenance and safety.
Leadership and Vision
The company was co-founded by Olav Skogen, who serves as the CEO, and Simen Husoy, the CTO. Together, they have been pivotal in developing Birdsview’s innovative solutions that address critical needs in the construction and maintenance sectors.
Strategic Use of Funds
The newly acquired funds are expected to be directed towards enhancing Birdsview’s AI technology and expanding its reach in the market. This includes potential hiring to bolster their technical team and exploring new geographical markets to broaden their customer base.
Investor Participation
Leading the funding round, Sarsia has shown significant interest in Birdsview's potential to revolutionize concrete assessment. The involvement of other notable investors like Butterfly Ventures and Proptechfonden underscores the confidence in Birdsview's innovative approach to infrastructure management.
With this investment, Birdsview is well-positioned to continue its growth trajectory, leveraging AI to provide valuable insights into concrete structure conditions and maintenance needs.