SafeAI: Raises $21M In Series A Funding

SafeAI Raises $21M in Series A Funding
  • 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.

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