Opteran Technologies
Latest round
- Seed
Last raised
- Oct 2020
Total raised
- $2.5M
Investors
- 4
About Opteran Technologies
Opteran Technologies Ltd.Founded in 2020, Opteran Technologies Ltd. is headquartered in Sheffield, UK, focusing on the development of sophisticated autonomous navigation systems. David Rajan serves as the CEO, steering the firm towards innovation in robotic applications.Opteran specializes in neuromorphic software designed for autonomous machines, primarily by reverse-engineering the brains of insects and animals. Their core product, the Opteran Mind, enables infrastructure-free navigation for mobile robots by utilizing visual input and leg odometry, allowing them to learn new environments effectively without the need for GPS or extensive data collection. This software excels in navigating challenging and dynamic conditions, such as areas with variable lighting and featureless spaces. End use cases include applications in robotics, particularly for clients in the automotive and aerospace sectors, including collaborations with organizations like Airbus and the European Space Agency.Opteran's revenue generation model is structured around B2B partnerships and collaborations, particularly with businesses in the robotics and automation industries. The company engages in transactions based on the deployment of their software systems, which may include licensing agreements or partnerships for product integration. Revenue stems from the sale of software licenses for the Opteran Mind, alongside potential service fees for ongoing support and updates.In June 2022, Opteran Technologies Ltd. The company plans to expand into new markets across Europe and North America by 2025, seeking to broaden its client base in the robotics sector and increase application areas for its technology.
Who invested in Opteran Technologies
4 investors across 1 round
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Funding rounds
Seed
Oct 23, 2020
Amount
$2.5M
Investors
Questions about Opteran Technologies
Who invested in Opteran Technologies?
Opteran Technologies has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Opteran Technologies raised?
Opteran Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Opteran Technologies last raise money?
Opteran Technologies's most recent round on record is a Seed, in Oct 2020.
What does Opteran Technologies do?
Opteran Technologies is a software company.
Where is Opteran Technologies headquartered?
Opteran Technologies is headquartered in Sheffield, UK.
Which VCs invest in companies like Opteran Technologies?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Opteran Technologies's stage. Their profiles are linked below.
VCs backing software startups at Seed
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