Nearthlab

Kenya
Kapsokwony, Bungoma County, Kenya, 06246

Company profile

Nearthlab company profile

Nearthlab is a technology-driven start-up founded by MS and PhD graduates in aerospace engineering from KAIST (Korea Advanced Institute of Science and Technology). It provides autonomous drone solutions powered by proprietary deep-learning algorithms for safety inspection in the wind and renewable energy sectors. It has developed AI technology enabling autonomous flight under low-computing power and low-latency environment and has 20+ patents in Korea and overseas. Nearthlab’s products consist of NearthWIND Pro (the autonomous drone for wind turbine inspection detecting cracks and damages by AI), Zoomable (the cloud-based data platform for inspection data management and analysis), and NearthWIND Mobile (the mobile-based autonomous flight control solution). Nearthlab has strong backing from top-tier VCs in Korea, including IMM Ventures, K2, Stonebridge, Company K Partners, Mirae Asset, SBI, STIC Ventures, and others.

Business identity

Contact email
[email protected]
Phone number
+82-2-566-1574
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$0+
Founded
2015-05-15

Headquarters

Postal code
06246
Country code
KE
Continent
Africa

Capital profile

Funding and company signals

Funding rounds
6
Total equity funding
$29.2M
Last funding
Series Unknown / $3.9M / 2023-02-10
Last equity funding
Series Unknown / $3.9M
Investors
20
Lead investors
2
Founders
2
Articles
76

Founders and investors

Founders

Jayhyuk ChoiYoungSuk Chung

Lead investors

BonAngels Venture PartnersKorea Credit Guarantee Fund

Investors

BonAngels Venture PartnersFuturePlayIMM InvestmentMirae AssetSBI Investment