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Industrial Machinery & Components | TMT

Seeing Machines Limited has raised funds

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.

Oaklins Cavendish’s sister firm finnCap, based in the UK, advised Seeing Machines Limited on its successful equity fundraising.

Talk to the deal team

Peter Gray

Partner
London, United Kingdom
Oaklins Cavendish

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