Opteran secures £9.8m in seed follow-on funding led by Join Capital for international expansion
The round was led by Join Capital with participation from IQ Capital, Northern Gritstone, Seraphim, Episode 1 and Schauenburg Ventures to fund global growth and product development.
Opteran develops machine autonomy software that re-engineers insect brain patterns to provide real-time situational awareness. The company builds lightweight solutions for ground and aerial machines.
Opteran has secured £9.8m in a seed follow-on round led by Join Capital, with participation from IQ Capital, Northern Gritstone, Seraphim, Episode 1 and Schauenburg Ventures. The funding will support the company as it expands into international markets and accelerates product development.
The capital arrives as Opteran commercialises its natural intelligence technology, which mimics biological brain functions to direct autonomous machines. The company plans to open American offices and introduce natural brain decision-making capabilities.
Since launching, the firm has tested its systems with international customers across sectors including mining and robotics. The latest backing will enable further customer pilots and support ongoing research into dynamic learning and image recognition.
From the founder
"By mimicking Nature’s genius to enable machines to move like natural creatures we are redefining the global market for machine autonomy,"
David Rajan
CEO at Opteran
Investor perspective
"Opteran has built the AI technology required to transform autonomous machines beyond today’s limited use in restricted scenarios to enable more widespread adoption,"
Sebastian von Ribbentrop
Founding Partner, Join Capital
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Sebastian von Ribbentrop
Join Capital
IQ Capital
Northern Gritstone
Seraphim
Episode 1
Schauenburg Ventures
