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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.
"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."