National, September , 2018: SAIF Partners has invested $2 million in SenseHawk, an intelligent cloud based platform for maximizing energy and infrastructure asset performance with an initial focus on utility scale Solar. The Series A round of investment will be utilized for business development and engineering. Expansion of business outside of India, US and Australia will be a key focus in addition to strengthening of existing contracts.
SenseHawk is attempting to transform the way asset enterprises operate by using AI and ML coupled with data collected from autonomous unmanned aerial vehicles (UAVs) and other novel sensing platforms. Its solutions combine different kinds of UAVs, sensors, data processing and planning chains to create decision making tools that drive productivity in energy and infrastructure industries.Swarup Mavanoor, Co-founder and CEO, SenseHawk said, “Our goal is to digitize infrastructure asset industries through the creation of a scalable AI driven platform that combines new age sensor data and expert knowledge to deliver insights to users across functions. With large investments into new infrastructure and strong downward pressure on investment returns, combating process inefficiency with new sensing technologies and intelligent software has become a critical requirement. We are addressing exactly this requirement with an initial focus on the Solar Industry.”
“We are happy to have gained valuable support from SAIF as it adds a lot of credibility to our business model. The expanded capital base will allow SenseHawk to f