Short description
AI-powered Automated Industrial Inspection Solution Using Autonomous Drones
Description
Nearthlab is a technology-driven start-up founded by MS and PhD graduates in aerospace engineering from KAIST (Korea Advanced Institute of Science and Technology). It provides autonomous drone solutions powered by proprietary deep-learning algorithms for safety inspection in the wind and renewable energy sectors. It has developed AI technology enabling autonomous flight under low-computing power and low-latency environment and has 20+ patents in Korea and overseas.
Nearthlab’s products consist of NearthWIND Pro (the autonomous drone for wind turbine inspection detecting cracks and damages by AI), Zoomable (the cloud-based data platform for inspection data management and analysis), and NearthWIND Mobile (the mobile-based autonomous flight control solution).
Nearthlab has strong backing from top-tier VCs in Korea, including IMM Ventures, K2, Stonebridge, Company K Partners, Mirae Asset, SBI, STIC Ventures, and others.
Total funding
$$43214321
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Location
Seoul, Seoul-t'ukpyolsi, South Korea, Asia
Founded on
May 15, 2015
Non-profit?
No
Acquired?
No
Employees count
51-100
Revenue range
$1230 - 4560
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Investors
Noaccessforu, Blurry Noaccess, Noway Youcantaccess, Uh Ohhhh, Noaccessforu, Uh Ohhhh, Uh Ohhhh, Noaccess, Noaccessforu, Noaccess, Cannot Access, Noaccessforu, Noaccessforu, Uh Ohhhh, Nopepepe, Absolutely Noaccess, Cannot Access, No Way, Absolutely Noaccess, No Way
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Founders
Jayhyuk Choi, YoungSuk Chung