# Perciv AI

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

- Industry: Semiconductors
- Headquarters: Delft, Netherlands
- Website: www.perciv.ai
- Total disclosed funding: $2.7M
- Latest round: Seed (Dec 4, 2024)
- Investors on record: 3

## About

Established in 2022 by co-founders Andras Palffy, Balazs Szekeres, and Srimannarayana Baratam and based in Delft, Netherlands, Perciv B.V., doing business as Perciv AI, specialises in developing artificial intelligence (AI)-driven radar perception technologies designed to enhance autonomous systems' safety and reliability. In December 2024, Perciv AI raised EUR 2.5 million in seed funding co-led by investors DayOne Capital and Keen Venture Partners, with participation from another investor, Vinci Venture Capital.

Perciv AI offers AI-powered radar perception systems that function across various use cases, including road user detection and autonomous navigation. The company’s core product replaces LiDAR sensors with AI-driven radar and radar-camera fusion technology. These solutions are hardware-agnostic and require minimal computational power (<2 TOPS). The technology enables enhanced safety and reliability in autonomous systems by providing accurate environmental detection even in adverse weather or low-visibility conditions. Specific capabilities include 4D radar-based road user detection, occlusion-aware sensor fusion, and radar perception models optimised for diverse scenarios.

The company will use the December 2024 funding to accelerate the delivery of its AI-driven radar perception software across various industries.

## Funding rounds

- Seed, Dec 4, 2024, $2.7M — Day One Capital, Keen Venture Partners, Vinci Venture Capital

## Investors

- Day One Capital (https://capitalatlas.ai/funds/day-one-capital) — Seed
- Keen Venture Partners (https://capitalatlas.ai/funds/keen-venture-partners) — Seed
- Vinci Venture Capital — Seed