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Home COUNTRY UK&IRELAND

Intelex Vision secures €6.6 million to advance AI-powered surveillance solutions

EU Startupsby EU Startups
January 13, 2025
Reading Time: 3 mins read
in UK&IRELAND, VENTURE CAPITAL
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Intelex Vision, the London-based company specialising in AI-driven video analytics for real-time surveillance, has successfully closed a €6.6 million Series A funding round.

The round was backed by prominent investors including Acurio Ventures, Adara Ventures, and Inveready.

Callum Wilson, Co-CEO of Intelex Vision, stated: “This strategic investment allows us to fuel our commercial growth whilst continuing to invest heavily in the product and disruptive and differentiated AI technology that underpins it.”

Founded in 2017, Intelex Vision provides advanced surveillance solutions powered by fourth-generation artificial intelligence. These systems autonomously monitor, analyse, and detect safety and security threats in real-time, supporting sectors including critical infrastructure, transportation, healthcare, and urban environments.

Their flagship product iSentry, powered by fourth-generation AI technology, furthers security and operational monitoring by swiftly identifying potential threats, regulatory compliance issues, and health and safety violations—many of which go unnoticed by the human eye.

By integrating and analysing multiple data points, iSentry filters out irrelevant ‘noise’ from live video feeds, delivering precise insights that enable proactive responses to subtle and complex scenarios. Its anomaly detection capabilities continuously monitor footage for deviations from normal patterns, identifying potential breaches or unsafe condition

The system also prioritises incidents through its TREX (Threat Ranking and Extraction) functionality, ensuring operators focus on the most critical events, all while enhancing operational efficiency by reducing reliance on extensive camera setups and human resources.

Additional features, such as Left Object Detection, use algorithms to monitor video feeds and identify unattended or abandoned items, providing timely alerts when objects remain in specific areas beyond a set timeframe.

Michael Vorstman, Co-CEO, added: “After growing our revenues 11x over the past three years, we will aim to not only strengthen and expand our position in existing markets but also start addressing some of the largest global opportunities.”

With operations spanning five continents and partnerships with over 70 distributors and technology providers, the company processes over 2 billion hours of video monthly, enabling faster response times and improved operational efficiency.

Hugo Fernández-Mardomingo, Partner at Acurio Ventures, commented: “Given the rising insecurity perception in cities and critical infrastructure projects, we see Intelex Vision technology as a game changing opportunity to shift the status quo from forensic post-event data analysis to realtime threat monitoring. We are delighted to be part of this new growth phase in the video analytics industry, and to partner with the outstanding and dynamic team behind Intelex Vision.”

Nico Goulet, Founding Partner at Adara Ventures, highlighted: “As large-scale CCTV deployments generate ever-growing amounts of data, smarter video analytics are key for real-time threat detection and decision-making. With a scalable solution proven in the most challenging and dynamic environments, Intelex Vision has emerged as a leader in AI-powered video analytics, and we are proud to continue supporting their growth.”

Ignacio Fonts, Non-Executive Chairman of Inveready, remarked: “We are happy to see that the excellent performance of Intelex in the recent years has been rewarded with the closing of this important fundraising milestone. We are confident that the combination of a great team, a unique technology and the market potential of AI-powered video analytics will turn Intelex into a shining star among the scaleups of Europe.”

Read the orginal article: https://www.eu-startups.com/2025/01/intelex-vision-secures-e6-6-million-to-advance-ai-powered-surveillance-solutions/

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