Artial secured a US drone manufacturer customer four months after launch
Igor Fali · Drone Safety Software Raises at $4m Valuation, Lands first $100k Pilot for 25 Drones · May 14, 2022 · at 5:18
Igor Fali is the founder of Artial, an AI safety and autonomy software startup for commercial drones, speaking with Nathan Latka.
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“We're only four months old. We'll just establish incorporating in, in December. And we have a prominent drone manufacturer. I was from United States. And they have a really good, like a company and building the helicopters for automation. And they're like, okay, guys, we need the software. Let's just combine some kind of skills. So basically they're our customer.”
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“No, no, no. It's for the companies who want to make their drones a stability flight. So they are applying it for different use cases in cities. So it's mostly for the people who want to make a Drone is safer, more drone safer technology and fly accurately with…”
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“Right now we're focusing on 20 to 25 drones, depending on the need.”
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“And he invested in us like 500,000 euros. And this is the only our pre-seed investor right now.”
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“No, slightly less than five million.”
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“Well, at least we'll, well, maybe have at least, I don't know, a 100,000 years for sure.”
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“Well right now we're focusing on delivering the software as a license. We're building autonomy engine that brings a new level of drone intelligence basically by providing the higher level of autonomy that exists right now. And we're mostly focused on licensing…”