Home Breaking News Hepta Airborne raises €2 million in fresh funding

Hepta Airborne raises €2 million in fresh funding

European Startup

Hepta Airborne raises €2 million in fresh funding
Hepta Airborne raises €2 million in fresh funding
Tallinn, Estonia-based technology startup Hepta Airborne announced in February 2021 that it has raised €2 million in fresh funding. The round was led by SpeedUp Group and EIT InnoEnergy and participation from existing investors Contrarian Ventures, Expansion Capital, Thorgate Ventures, and Markku Jääskelainen.

Henri Klemmer founded the startup in 2017. Hepta automates the inspection of power lines by using drones, helicopters, satellites, and big data analysis. It offers a full service by gathering and then analyzing the data. Its proprietary single software environment named “uBird” takes in all the sensor data and automatically detects faults in power lines and other infrastructure from it.

CEO Henri Klemmer stated that their product increases fault detection’s correctness by over 33% compared to standard methods. He said that this means their software identifies more faults. The uBird software converts more than 250 km of power line data into actionable end-results in 5 minutes when in fact it takes an engineer 30 days to do the same, physically. He concluded by saying that they have sometimes reached 400% increased accuracy and discovered hundreds of faults more per single power line than standard methods.

Hepta drones can fly in a strong wind and possess two particular strengths, the first being strong wind resistance and the second one being able to fly up to three hours with the required load. Talking about the future, the startup intends to create digital twins for a variety of infrastructures. It will include humidity, soil, and weather data in its algorithms to put in real-life conditions in the digital environment. These inclusions will help them predict future situations and potential accidents. 

Bartek Gola, a Managing Partner at SpeedUp Energy Innovation, said that SpeedUp expects an upsurge in demand for the automation of power line analysis in the upcoming years. He said when people talk of the energy transition, one is disposed to think that it mainly applies to renewable energy. That is also correct but not comprehensive enough. Despite new production methods, there is massive digitization in other segments of the energy business. There are 100 million kilometres of power lines worldwide, and 97% of them are being inspected manually. This area needs digital disruption urgently, and can quickly be done by Hepta since they are experts in this field. They can automate the procedure of power line examination and data analysis based on machine learning.

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