PV Labs

Burlington, Canada Founded: 2004 • Age: 22 yrs
Imaging solutions for border and coastal security are provided.
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About PV Labs

PV Labs is a company based in Burlington (Canada) founded in 2004.. PV Labs has raised $6.5 million across 2 funding rounds from investors including Lockheed Martin and Civitanavi Systems. PV Labs offers products and services including PV-15, PV-18, mE, and LDG. PV Labs operates in a competitive market with competitors including Kratos, KEYW Corp, HALO Maritime Defense, PierSight and Thruvision, among others.

  • Headquarter Burlington, Canada
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pv Labs Ltd.
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.5 M (USD), Series A

    Jan 30, 2023

  • Investors
  • Employee Count
    Employee Count
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Products & Services of PV Labs

PV Labs offers a comprehensive portfolio of products and services, including PV-15, PV-18, mE, and LDG. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides 3-axis stabilization for aerial imaging in demanding applications.

Enables sensor integration and geo-pointing for surveillance needs.

Offers flexible payload configurations for cinema and specialty uses.

Delivers high-performance stabilization for airborne sensor payloads.

People of PV Labs
Headcount 10-50
Employee Profiles 13
Employee Profiles
People
Kevin McLeod, P. Eng, CSEP
Staff Systems Engineer
People
Steve Holford
Vice President NPI
People
Mark Chamberlain
President and CEO
People
Mike Lewis
Chief Technology Officer

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Funding Insights of PV Labs

PV Labs has successfully raised a total of $6.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $2.5M
  • First Round

    (08 Jan 2020)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2023 Amount Series A - PV Labs Valuation Civitanavi Systems
Jan, 2020 Amount Series A - PV Labs Valuation Lockheed Martin
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in PV Labs

PV Labs has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Lockheed Martin and Civitanavi Systems. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Inertial navigation products including gyroscopes and IMUs are developed.
Founded Year Domain Location
Manufacturer of global security and defense airplanes
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PV Labs

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - PV Labs

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pv Labs Comparisons

Employees
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Competitors of PV Labs

PV Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kratos, KEYW Corp, HALO Maritime Defense, PierSight and Thruvision, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI and cloud-based platforms for national security are provided.
domain founded_year HQ Location
Border and coastal security systems are provided with integrated capabilities.
domain founded_year HQ Location
Maritime sea barrier solutions to secure assets
domain founded_year HQ Location
SAR and AIS satellite constellation operated for maritime monitoring.
domain founded_year HQ Location
Developer of passive terahertz screening technology for concealed object detection
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pv Labs

Frequently Asked Questions about PV Labs

When was PV Labs founded?

PV Labs was founded in 2004 and raised its 1st funding round 16 years after it was founded.

Where is PV Labs located?

PV Labs is headquartered in Burlington, Canada. It is registered at Burlington, Ontario, Canada.

Who is the current CEO of PV Labs?

Mark Chamberlain is the current CEO of PV Labs.

Is PV Labs a funded company?

PV Labs is a funded company, having raised a total of $6.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Jan 08, 2020.

What does PV Labs do?

PV Labs was founded in 2004 and is based in Burlington, Canada. Solutions in the security sector, focused on imaging for border and maritime applications, are developed and supplied. A platform enabling patrol, targeting, and monitoring is offered to users. Devices tailored for public safety and border control are also produced, supporting operations in coastal and perimeter environments.

Who are the top competitors of PV Labs?

PV Labs's top competitors include Kratos, PierSight and HALO Maritime Defense.

What products or services does PV Labs offer?

PV Labs offers PV-15, PV-18, mE, and LDG.

Who are PV Labs's investors?

PV Labs has 2 investors. Key investors include Lockheed Martin, and Civitanavi Systems.

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