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High Tech Seed Founded 2022

Perciv

Perciv is an AI-driven radar perception software company that develops solutions for autonomous vehicle applications, using radar and radar-camera fusion technology to replace LiDAR systems. The company software is compatible with systems operating on-road, off-road, indoors, and in-air, providing localization, detection, classification, and fusion capabilities. By leveraging radar technology instead of expensive…

📍 Delft, Netherlands · Industrial Robotics,

Funding snapshot

Last roundSeed
Amount$3M
Date12 December 2024
Total raised$3M
Team size33

About

Perciv is an AI-driven radar perception software company that develops solutions for autonomous vehicle applications, using radar and radar-camera fusion technology to replace LiDAR systems. The company software is compatible with systems operating on-road, off-road, indoors, and in-air, providing localization, detection, classification, and fusion capabilities. By leveraging radar technology instead of expensive LiDAR units, Perciv aims to reduce the cost of autonomous vehicle perception systems while maintaining performance in challenging conditions such as fog, rain, and dust where optical sensors struggle. The product line includes solutions for object detection, environmental classification, and sensor fusion that integrate with existing autonomous vehicle architectures. Founded in 2022 and headquartered in Delft, Netherlands, Perciv has raised approximately $2.6 million in seed funding from investors including ELISE, Day One Capital, Keen Venture Partners, and Vinci.

Business model

Industrial Robotics > Tech Enablers > Software > Visual Perception,

Drones > Drone Software > Visual Perception

Team background

College Wise > BIT Mesra, BITS Mesra

Institutional investors

ELISE Day One Capital Keen Venture Partners Vinci

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