LOS ANGELES - Wednesday, 05. March 2025 AETOSWire
After doubling growth to 200,000+ assets inspected across 80 countries
in 2024, Zeitview accelerates investment in Insights, its Visual AI
platform
Climate Investment leads the capital raise, with participation from existing investors
Zeitview’s platform services multiple infrastructure categories, including solar, wind, utilities, properties and telecom
(BUSINESS
WIRE) -- Zeitview, the leader in visual AI for critical infrastructure,
announces a capital raise of $60 million led by Climate Investment,
with participation from current investors Valor Equity Partners, Union
Square Ventures, Upfront Ventures, Euclidean Capital, Energy Transition
Ventures, Hearst Ventures and Y Combinator.
The market leader in
Visual AI for critical infrastructure, Zeitview’s software improves
inspection times and cost requirements while addressing challenges posed
by shortages in skilled labor and increased inspection frequencies.
Unlike solution providers focused on single asset classes, Zeitview’s
platform serves multiple critical infrastructure categories, including
solar, wind, utilities, properties and telecom, allowing it to be a sole
partner for asset owners operating across different sectors.
“The
critical infrastructure that powers the global economy faces a perfect
storm of rising danger, strain and cost,” said Zeitview Founder &
CEO Dan Burton. “Zeitview helps the biggest enterprises in critical
infrastructure prevent catastrophic failure, assess and predict risk and
prioritize maintenance spend.”
“With this capital, Zeitview will
accelerate our buildout of Visual AI that is instant, predictive and
unlimited,” said Burton, “and increase investment in our Insights
software platform to support our customers across their critical
infrastructure assets, throughout their lifecycle, anywhere in the
world.”
Patrick Yip, Managing Director and Head of Growth Equity
at Climate Investment said: “Climate Investment invests in leading,
differentiated decarbonization technologies with multi-sector
application across energy-intensive industries. We are excited to be
adding Zeitview to this group to support its next stage of growth. The
investment will help accelerate deployment of Zeitview’s platform across
its current infrastructure categories, while allowing for expansion
into new markets through Climate Investment’s unique global network of
investors, many of which are already customers.”
“Infrastructure
owners, operators and OEMs need inspection solutions that can serve
their entire portfolio – spanning multiple asset types, operating
globally and supporting the full asset lifecycle,” said Mike Bishop,
Investment Director at Climate Investment, who will join Zeitview’s
Board of Directors. “Zeitview uniquely addresses this need through its
visual data platform, combining analytics with deep domain expertise to
deliver better, faster and more cost-effective asset management
solutions.”
As global demand for reliable energy, communication
and facility infrastructure surges in an increasingly volatile and
disaster-prone world, Zeitview is committed to equipping enterprises
with visual AI to enhance asset resilience and efficiency. After more
than doubling infrastructure inspections to 200,000 assets across 80
countries in 2024, Zeitview has demonstrated the scale to deliver on the
most expansive portfolios of critical infrastructure assets.
About Zeitview
Zeitview
is the market leader in Visual AI for critical infrastructure. With
over 200,000 assets inspected across 80 countries in 2024, Zeitview
helps the biggest enterprises in critical infrastructure prevent
catastrophic failure, assess and predict risk, and prioritize
maintenance spend.
Visit Zeitview.com to learn more.
About Climate Investment
Climate
Investment (CI) is an independently managed specialist investor focused
on driving industrial decarbonization. The firm provides early-stage
through growth equity capital to innovative companies and partners with
large corporations, governments and non-profit organizations to scale
their market adoption and impact. Operational since 2017, CI has
invested in over 40 climate tech companies across energy,
transportation, buildings and industry that have collectively delivered
95 MT CO2e of cumulative greenhouse gas reduction in the period
2019-2023.
Climate Investment was founded by member companies of
the Oil & Gas Climate Initiative (“OGCI”). They have invested in
Climate Investment funds and deployed many of its portfolio innovations,
supporting their early commercial development. Visit
www.climateinvestment.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20250304009141/en/
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Contacts
Zeitview Media Contact
Rebecca Wilson at rebecca.wilson@zeitview.com
Climate Investment Media Contact
Jason Dela Cruz at marketingci@climateinvestment.com