# Klepsydra Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/klepsydra-technologies

- Industry: Software
- Headquarters: Switzerland
- Website: www.klepsydra.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Dec 20, 2021)
- Investors on record: 2

## About

Klepsydra Technologies GmbH develops advanced edge AI software solutions, focusing on real-time AI inference for industries such as aerospace, robotics, and automotive, enhancing efficiency and performance across various platforms.Founded in 2018 and headquartered in Switzerland, Klepsydra Technologies GmbH specializes in edge AI software solutions. The company was co-founded by Isabel Castillo and Pablo Ghiglino, both of whom have significant experience in the tech sector. Notably, Klepsydra has completed 4 deals as of December 20, 2021, with its most recent funding round being a Seed round where they raised CHF 1 million, led by Spicehaus Partners, alongside participation from Serpentine Ventures. The total amount raised by the company to date is CHF 1 million.Klepsydra Technologies GmbH specializes in advanced edge AI software solutions for aerospace, robotics, and automotive industries. Their core product, Klepsydra AI, is a high-performance framework for real-time AI inference that functions on various hardware platforms, achieving metrics like 4x lower latency and 10x higher throughput. Additional offerings include the Space Edition, qualified for extreme environments, and the Robotics Edition, designed for real-time robotic applications with an advanced ROS2 Executor. Their client base includes edge processor manufacturers and operating system providers, with a market presence in Europe, North America, and Asia.Klepsydra Technologies GmbH generates revenue through a B2B model focused on subscription-based licensing and partnerships with hardware manufacturers and software providers. The company customizes its solutions for clients in sectors such as aerospace and automotive, with pricing structures aligned to customer needs. Service agreements often include options for ongoing support and system upgrades, although specific pricing details are not disclosed, which supports sustained growth amid evolving customer requirements.Klepsydra Technologies GmbH plans to utilize the CHF 1 million raised in December 2021 to advance its product development efforts. The company is focusing on launching new product variants and intends to expand into additional markets in Europe, North America, and Asia by 2023. These strategic initiatives are aimed at further enhancing their capabilities and meeting global demand for efficient AI solutions in edge computing.

## Funding rounds

- Seed, Dec 20, 2021, $1.1M — Spicehaus Partners, Serpentine Ventures

## Investors

- Spicehaus Partners (https://capitalatlas.ai/funds/spicehaus-partners) — Seed
- Serpentine Ventures (https://capitalatlas.ai/funds/serpentine-ventures) — Seed