OnSight Technology, a robotics and computer vision company specializing in the PV solar industry, has successfully completed its Seed round of funding. This injection of funds will allow OnSight to enhance its computer vision and autonomous driving initiatives and further develop its AI algorithms.
The round was led by Moneta Ventures, an early stage venture capital firm, with strategic investment and board membership from Stäubli, a global market leader in solar connections, robotics, and industrial automation. The Growth Factory, a previous investor based in Sacramento, also participated in the funding round.
With the support of these investors, OnSight Technology plans to strengthen its research and development capabilities, attract top-tier talent, and establish strategic partnerships to enhance its AI algorithms. By leveraging cutting-edge technologies, OnSight aims to unlock the true potential of artificial intelligence in streamlining and optimizing solar operations.
Moneta Ventures recognizes the vast potential of OnSight Technology’s advanced solutions for the utility solar market. The firm aims to guide OnSight Technology towards sustainable growth and industry leadership by leveraging its network and resources.
Stäubli’s strategic investment further solidifies the partnership between the two companies. As a global leader in solar connections and industrial automation, Stäubli’s expertise and industry insights will contribute to OnSight Technology’s success in creating a safer future for the photovoltaics industry.
The Growth Factory’s ongoing investments in OnSight Technology demonstrate their commitment to fostering innovation and driving economic growth in the Sacramento region. Through their support, the Growth Factory showcases their belief in the company’s vision and potential.
With this successful funding round, OnSight Technology is well-positioned to revolutionize the robotics and computer vision landscape for the solar industry. By combining AI with their advanced solutions, the company aims to reduce commissioning and maintenance costs, improve accuracy, and enhance asset performance in the utility solar market.
About OnSight Technology:
OnSight Technology is a leading robotics and computer vision company specializing in developing advanced solutions for the utility and commercial solar industry. By leveraging state-of-the-art technology and deep industry knowledge, OnSight Technology aims to transform traditional processes and drive efficiency, productivity, and safety.
Sources: Onsight Technology