# Peregrine Technologies

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

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.peregrine.ai
- Latest round: Seed (Feb 2, 2021)
- Investors on record: 2

## About

Peregrine Technologies GmbH, based in Berlin, Germany, specializes in AI-powered visual intelligence systems that enhance camera functionality in mobility applications, focusing on advanced perception systems for improved traffic safety and efficiency.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. With a focus on innovation, the company has completed one deal, securing seed funding in February 2021.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. The company’s products encourage a significant shift from traditional object detection methods to a more comprehensive understanding of traffic dynamics, aiming to facilitate smarter cities and enhance road safety.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. By ensuring that their technology complies with privacy regulations through anonymization processes, Peregrine enhances its appeal to customers who prioritize data security.In February 2021, Peregrine Technologies GmbH raised an undisclosed amount of Seed funding co-led by Vektor Partners and Brandenburg Kapital. The funding will be utilized to focus on the growth and development of their technology and products. 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.

## Funding rounds

- Seed, Feb 2, 2021 — Brandenburg Kapital, Vektor Partners

## Investors

- Brandenburg Kapital (https://capitalatlas.ai/funds/brandenburg-kapital) — Seed
- Vektor Partners (https://capitalatlas.ai/funds/vektor-partners) — Seed