TLDR:
- Tin Men Capital, a venture capital firm, has led a $2.7 million investment in Ailytics, a Singapore-based B2B heavy industry software startup.
- Ailytics utilizes scenario-based, AI-powered video analytics solutions to enhance operational safety and productivity.
In a recent development, Tin Men Capital, a venture capital firm co-founded by Jeremy Tan and Murli Ravi, has led a $2.7 million investment in Ailytics, a Singapore-based B2B heavy industry software startup. Ailytics, founded in 2021 by CEO Wei Zhuang (Lenard) Tan and CTO Prateek Manocha, offers AI-powered video analytics solutions to help companies improve their operational safety and productivity. The startup’s solutions have already been implemented in over 70 projects across four countries, resulting in a significant reduction in the need for manual inspections and a marked increase in hazard detection.
By tapping into existing cameras, Ailytics provides real-time insights into unsafe acts, productivity metrics, and security breaches. This investment marks the 11th B2B tech startup backed by Tin Men Capital, which focuses on digitizing legacy businesses to create a lasting impact in their respective industries. With this funding, Ailytics is well-positioned to further expand its reach and technological capabilities to revolutionize the heavy industry software sector.
