Calipsa secures seed funding from innogy Innovation Hub to support product refinement and European growth.
Innogy Innovation Hub provided seed backing to help the security technology firm expand its footprint.
£0Seed
Calipsa develops an artificial intelligence platform that automates CCTV video monitoring to deliver real time alerts. The company focuses on commercial security and asset protection.
Calipsa has secured a seed investment from innogy Innovation Hub to support product refinement and growth across the UK and Europe. The funding will allow the London based firm to expand its market reach while drawing on the investor network. The company builds automated video monitoring technology designed to process CCTV feeds and assist control room operators.
Investor perspective
"We identify and back innovative companies and technologies that have the potential to transform infrastructure for the benefit of all and Calipsa’s technology is a great example of that. By automating video monitoring, they are helping to transform assets like buildings into smart organisms. Since launching the product in mid-2018 they have attracted a number of large customers, which is great validation for the product. We have been incredibly impressed by Rashid and his talented team and are thrilled to partner with them to accelerate their growth."
AR
Annemie Ress
Managing Director, innogy Innovation Hub
Use of funds
- 01Continue product development
- 02Expand into international markets
