Machines With Vision secures £2.6m investment led by Par Equity
Investors in this round: Par Equity, Old College Capital, Gareth Williams
We’re delighted to welcome Machines With Vision to the Par portfolio as part of its £2.6m Seed round alongside Old College Capital and Gareth Williams.
Machines with Vision is revolutionizing the £85bn railway and infrastructure maintenance industry by combining state-of-the-art patented vision systems with proprietary mapping and geolocation algorithms to create precise digital condition maps of track networks. The technology enables network operators to distinguish between suspected faults and actual defects, allowing predictive maintenance measures to be taken.
Par is looking forward to supporting Anthony Ashbrook, Tim Lukins, Jan Wessnitzer, Matt Farrugia, Chris Wade and the entire Machines With Vision team as they continue to build on the progress made to date, bolstering product development and expanding the team on the back of the investment round.
Read more via the Scotsman: https://www.scotsman.com/business/edinburgh-digital-mapping-specialist-i…