- SafeAI is a software development company that produces heavy mining and construction vehicles, this company has raised a total of $26M in funding over four rounds.
- SafeAI’s latest funding was raised on 22 Jun 2021 from a Series A round and they have raised $21M and there are 11 investors in this founding round.
- The round was led by Builders VC with participation from new investors LTC, DG Ventures, MACA, and Vimson Group, and existing investors
- They are using autonomous technology to create retrofit machinery aimed to increase productivity without compromising safety and security. This funding helped the company to advance its technology.
- SafeAI is renowned for helping construction companies and now they want that companies across the globe will use their equipment in mining sites and construction projects.
- The main headquarters of SafeAI is in Santa Clara, California, but they also have locations in Chuo-ku, Tokyo, St Georges Tce., Perth, and Yogananda Marg Sector-62, Noida.
Pardeep is the founder and editor of Small Investment Ideas. He believes that everyone can change their life with the help of small investments and achieve financial freedom.