Teleo AI provides AI-powered remote-controlled solutions for construction and mining equipment, retrofitting existing machines with technology that transforms them into connected devices operable from remote offices. The company's system enables workers to operate dozers and other heavy equipment from control centers, removing operators from hazardous environments while maintaining operational precision. Founded in 2019 and headquartered in Palo Alto, Teleo AI has raised approximately $29.8M in Series A funding from investors including UP.Partners, F-Prime Capital, Trucks Venture Capital, Y Combinator, K9 Ventures, and Trousdale Ventures. The company employs 61 people and addresses labor shortages and safety concerns in construction and mining by enabling experienced operators to control multiple machines remotely, potentially improving productivity while reducing exposure to dangerous working conditions on job sites.
Teleo AI
Series ATeleo AI provides AI-powered remote-controlled solutions for construction and mining equipment, retrofitting existing machines with technology that transforms them into connected devices operable from remote offices. The company's system enables workers to operate dozers and other heavy equipment from control centers, removing operators from hazardous environments while maintaining operational precision. Founded in…
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Business model
Field Force Automation > Mining,
Mining Tech > Operations > Monitoring and Control > Retrofits For Vehicles > Remote Controlled,
Industrial Robotics > Tech Enablers > Software > Control System,
Construction Tech > Building Technology > Robotics > Autonomous Vehicles > Retrofit,
Y Combinator Batches > 2020 > Winter
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