Seeing Machines Limited has raised funds
December 2017 — Seeing Machines Limited has successfully raised US$44 million via an equity placing to accelerate its product development programs.
Seeing Machines harnesses human factors science to create artificial intelligence (AI) technology that observes the driver’s attention – reliably, unobtrusively and in real-time – and intervenes seamlessly when necessary. With the world’s most holistic and integrated approach to driver safety technology, Seeing Machines is dramatically reducing transport-related accidents every day by mitigating some of the key risks involved, to make the world a safer place. Underpinned by more than 20 years of scientific research into human behavior in real-time, conducted in real-world scenarios, Seeing Machines has developed the world’s most advanced AI-driven safety technology. This technology is the bedrock that enables new forms of intelligent machines to see, understand, assist and ultimately protect people who are using them. The holistic-driver monitoring technology solution from Seeing Machines provides flexibility, scalability and integration optionality across a range of platforms.
Our role in the transaction
Oaklins Cavendish’s sister firm finnCap, based in the UK, advised Seeing Machines Limited on its successful equity fundraising.
Talk to the deal team
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreTandem has completed a voluntary public tender offer for the shares of Compagnia dei Caraibi
Tandem S.r.l. has completed a voluntary public tender offer for 25.99% of the shares in Compagnia dei Caraibi S.p.A.
Learn more