What is PointGrab?
PointGrab is a leading machine learning and computer vision PropTech company that provides smart sensing solutions to the building automation and facilities management industry. The company leverages its superior deep-learning technology within the building automation ecosystem, addressing the prevalent need for efficient, real-time analytics in environments rich with data gathering opportunities. This focus positions PointGrab at the forefront of intelligent building management.
How much funding has PointGrab raised?
PointGrab has raised a total of $16.8M across 3 funding rounds:
Private Equity
$5M
Private Equity
$7M
Unspecified
$4.8M
Private Equity (2015): $5M with participation from EcoMachines Ventures
Private Equity (2016): $7M led by Mitsubishi Corporation and Abbott Biotech Ventures
Unspecified (2021): $4.8M supported by NetScientific and EMV Capital
Key Investors in PointGrab
EcoMachines Ventures
EcoMachines Ventures is a London-based boutique investment company specializing in early-stage technology-driven businesses with scalability potential. They offer financial support and access to industry experts and corporate linkages to foster portfolio company growth.
Mitsubishi Corporation
Mitsubishi Corporation is a global integrated business enterprise involved in diverse sectors including industrial finance, energy, metals, and machinery. Their activities range from natural resources development to investment in retail and infrastructure.
Abbott Biotech Ventures
Abbott Biotech Ventures is part of AbbVie, a company focused on research and development in the pharmaceutical and biotechnology sectors. They invest in innovative companies that align with their strategic research areas.
What's next for PointGrab?
With its recent major strategic investment, PointGrab is poised for accelerated growth and market expansion. The substantial capital infusion is expected to fuel further development of its advanced AI-driven sensing technologies and broaden its reach within the global building automation and facilities management sectors. This strategic backing signals a strong confidence in PointGrab's trajectory and its potential to redefine smart building intelligence.
See full PointGrab company page
