What is Aerial Technologies?
Established in 2015, Aerial Technologies is a pioneer in Wi-Fi motion detection technology. Their Software-as-a-Service (SaaS) enabled platform uniquely leverages existing Wi-Fi signals to detect and recognize human activity without the necessity of cameras, sensors, or wearables. The company's patented technology analyzes distortions in Wi-Fi signals, employing machine learning to infer human activities. This capability empowers customers and partners to develop innovative consumer and enterprise applications, positioning Aerial Technologies as a leader in the future of motion sensing technology.
How much funding has Aerial Technologies raised?
Aerial Technologies has raised a total of $1.7M across 1 funding round:
Stock Offering
$1.7M
Stock Issuance/Offering (2017): $1.7M with participation from Jean-François Grenon, Fonds Innovexport, TandemLaunch, Kibo Ventures, and Wayra
Key Investors in Aerial Technologies
Fonds Innovexport
Fonds Innovexport is an investment fund established in 2016 that supports innovative technology companies in Quebec with strong growth potential aimed at international markets. The fund focuses on assisting its portfolio companies by providing financial support and opening business networks to facilitate their commercial success.
TandemLaunch
TandemLaunch is a venture capital fund that operates a unique startup foundry model designed to create successful companies which benefit co-founders, investors, and technology inventors alike. The company collaborates with universities to commercialize inventions primarily in engineering and physical sciences, offering streamlined solutions for aspiring entrepreneurs.
Wayra
Wayra is a global tech open innovation hub that invests in start-ups and facilitates business opportunities between them and industry leaders. With over 10 years of experience as Telefónica's innovation arm, Wayra focuses on delivering impactful innovation by connecting corporates with start-ups.
What's next for Aerial Technologies?
The recent major strategic investment in Aerial Technologies signals a phase of accelerated scaling and market expansion. With its foundational technology in Wi-Fi motion detection, the company is well-positioned to capitalize on the growing demand for privacy-preserving sensing solutions across various industries. Future developments are likely to focus on enhancing the machine learning algorithms for more nuanced activity recognition and expanding the integration capabilities of its SaaS platform, further solidifying its market leadership and driving innovation in the technology community.
See full Aerial Technologies company page
