Alongside Alpana Ventures are the co-investors Spicehaus Partners and DAA Capital Partners as well as four highly relevant and well-connected private investors also participated in the round. The funding will flow into expanding the Tinamu Labs team to further accelerate the Tinamu Lab’s growth and deliver on its promise of safe, reliable and consistent data acquisition and analysis.
Tinamu Labs was established in 2018 by David Lanter, Daniel Meier, Samuel Oberholzer, and Tobias Nägeli, as a spin-off of the ETH Zurich. The startup invented a drone-based automated end-to-end inspection solution based on the company’s patented technology, which enables the system to work independently from GPS in challenging environments. The system automatically collects data, analyses it on a cloud and sends the relevant information directly to the customer. Thanks to remote access control, the process does not require a drone pilot.
Besides Tinamu’s first industry partner Axpo, various companies in the energy, mining and commodity trading industry are evaluating the solution to enable remote inspection, predictive maintenance and downtime reduction.
“The global lockdown due to COVID-19 made companies think about novel solutions for remote sensing. With our vision of an automated inspection system, we present a completely new way to solve this problem”, said Tobias Nägeli, co-founder and CEO at Tinamu Labs.
Silicon Valley serial entrepreneur Alex Fries joins the board of directors
As part of the financing round, the Silicon Valley serial entrepreneur Alex Fries, founder of Playspan and Svox, is joining the board of directors. With his entrepreneurial experience and dense industry network, Alex will support Tinamu entering the US market.
“The outstanding team combined with the patented technology makes Tinamu Labs extremely well positioned in the indoor automated inspection market. The insights they can provide for cost reduction, predictive maintenance, speed and cost is what makes this solution valuable to customers” said Alex Fries, co-founder and partner of Alpana Ventures.