Israeli startup Indoor Robotics, drone technology for Building Monitoring and Security has raised $15 million in series A funding.
The round was led by Pitango and included Target Global, European Innovation Council Fund, and Spider Capital.
While inventors of robotics have struggled to develop an autonomous indoor security robot, some ground-based robots have encountered common objects such as chairs or steps that might prevent them from completely protecting an area.
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Indoor Robotics has developed Tando, a drone, which uses several sensors and unique algorithms to map and navigate in any indoor environment, letting it autonomously go over or around any obstacles in its route, allowing it to safeguard and monitor large spaces.
In addition to security duties, Tando drives major benefits in safety and operations. It can capture thermal imaging data and environmental data, in addition, to monitoring room temperatures and detecting leaks. It also helps with preventive maintenance by finding parts of a building that need to be fixed.
When not in flight, Tando docks on the ceiling and works as a surveillance camera. The technology is already in use to safeguard and monitor warehouses, data centers, shopping malls, and retail shops.
Indoor Robotics was founded in 2018 by Doron Ben David and Amit Moran. Ben David had resigned from his position as CTO of the Space Division of Israel Aerospace Industries when he began collaborating with Moran, the former Head of Robotics Innovation at Intel.
They focused on drones, searching for areas in which they might outperform humans. They recognized the security industry’s weaknesses as an opportunity. It suffers from 300% employee turnover, with employees vulnerable to fatigue and human error, who are paid a minimum wage to guard and protect valuable assets.
“We reimagined what a drone was capable of and combined human-like capabilities with AI tools to enable next-generation security and monitoring,” said Doron Ben David, co-founder, and CEO of Indoor Robotics. “Tando has already been deployed by the world’s leading enterprises and security monitoring companies and is making a tangible impact on safety and security.”
This round enables Indoor Robotics to boost product development and enable intelligent indoor security worldwide.