Peregrine Technologies
Latest round
- Seed
Last raised
- Feb 2021
Total raised
- Undisclosed
Investors
- 2
About Peregrine Technologies
Founded in 2019 in Berlin, Germany, Peregrine Technologies GmbH develops AI-driven solutions for mobility applications. The firm was co-founded by Jorit Schmelzle, Naja von Schmude, and Steffen Heinrich.Peregrine Technologies specializes in AI-powered visual intelligence systems designed to enhance the functionality of cameras in mobility applications. The primary offering focuses on advanced perception systems that empower dash cams to deliver contextual awareness and actionable insights regarding traffic conditions. By integrating machine learning algorithms, Peregrine’s technology allows cameras to interpret visual data intelligently, thereby improving safety and efficiency in urban environments. The solutions cater to a variety of end users, including transportation fleets, city planners, and mobility service providers across Europe, where they are deployed to utilize data for smarter infrastructure development and real-time traffic management.Peregrine Technologies generates revenue through a combination of direct sales and subscription models, providing clients with access to their AI-powered video analytics services. The firm typically engages in partnerships with transportation companies, municipalities, and technology integrators, offering tailored solutions that include both software and hardware components. Revenue is structured around the sale of proprietary technology and ongoing software services, which may involve various pricing tiers based on the scale of deployment and data usage. The focus on energy-efficient machine learning at the edge allows Peregrine to optimize resource utilization, leading to a potentially attractive value proposition for clients. The company is actively working on new products aimed at enhancing their service offerings, although specific release dates have not been disclosed. Additionally, Peregrine aims to expand into new markets across Europe, leveraging their innovative solutions to address the evolving needs of urban mobility by the end of 2023.
Who invested in Peregrine Technologies
2 investors across 1 round
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Funding rounds
Seed
Feb 2, 2021
Amount
Undisclosed
Investors
Questions about Peregrine Technologies
Who invested in Peregrine Technologies?
Peregrine Technologies has 2 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 Peregrine Technologies raised?
Peregrine Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Peregrine Technologies last raise money?
Peregrine Technologies's most recent round on record is a Seed, in Feb 2021.
What does Peregrine Technologies do?
Founded in 2019 in Berlin, Germany, Peregrine Technologies GmbH develops AI-driven solutions for mobility applications.
Where is Peregrine Technologies headquartered?
Peregrine Technologies is headquartered in Berlin, Germany.
Which VCs invest in companies like Peregrine Technologies?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Peregrine Technologies's stage. Their profiles are linked below.
VCs backing software startups at Seed
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