Sevensense

Zurich, Switzerland Founded: 2018 • Age: 8 yrs Acquired By ABB
Camera and AI-based unmanned ground vehicles are provided for industries.
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About Sevensense

Sevensense is a company based in Zurich (Switzerland) founded in 2018 by Marcin Dymczyk, Gregory Hitz, Andreas Pfrunder, Gianluca Cesari, and Renaud Dube was acquired by ABB in January 2024.. Sevensense has raised $7.7 million across 3 funding rounds from investors including ABB, Open-i and Venture Kick. Sevensense offers products and services including Alphasense Position, Alphasense Autonomy, and Alphasense Tracker. Sevensense operates in a competitive market with competitors including SLAMcore, Shankou Intelligent Technology, yodayoda, Surreal Vision and DIPr, among others.

  • Headquarter Zurich, Switzerland
  • Founders Marcin Dymczyk, Gregory Hitz, Andreas Pfrunder, Gianluca Cesari, Renaud Dube
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sevensense Robotics Ag
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.7 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    ABB

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    ABB

    (Jan 11, 2024)

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Products & Services of Sevensense

Sevensense offers a comprehensive portfolio of products and services, including Alphasense Position, Alphasense Autonomy, and Alphasense Tracker. 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

Robust Visual-SLAM for mobile robots positioning and navigation.

Visual-AI navigation for advanced autonomous mobile robots.

Visual-AI for tracking manually operated industrial trucks.

Funding Insights of Sevensense

Sevensense has successfully raised a total of $7.7M across 3 strategic funding rounds. 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 3
  • Last Round
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2022 Amount Grant - Sevensense Valuation

investors

Nov, 2021 Amount Series A - Sevensense Valuation ABB
Jun, 2019 Amount Seed - Sevensense Valuation Venture Kick
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 Sevensense

Sevensense has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include ABB, Open-i and Venture Kick. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
University backed startup accelerator
Founded Year Domain Location
Innovation conferences are organized and hosted in Switzerland.
Founded Year Domain Location
ABB Group is engaged in industrial automation and energy solutions.
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 Sevensense

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 - Sevensense

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

Sevensense Comparisons

Employees
+
Add Comparison
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Competitors of Sevensense

Sevensense 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 SLAMcore, Shankou Intelligent Technology, yodayoda, Surreal Vision and DIPr, 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
Provider of localization and mapping algorithms for multiple applications
domain founded_year HQ Location
Visual navigation systems for robotic applications are developed.
domain founded_year HQ Location
AI-based video analytics software is provided for autonomous driving applications.
domain founded_year HQ Location
Real-time 3D scene reconstruction software is developed for VR applications.
domain founded_year HQ Location
Creates innovative tools for short-term IMU-only tracking in VR headsets.
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 Sevensense

Sevensense and Limula win Swiss Technology Award
Startupticker3 years ago
Sevensense raises a US$7.7M Series A
Sevensense4 years ago

Frequently Asked Questions about Sevensense

When was Sevensense founded?

Sevensense was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Sevensense located?

Sevensense is headquartered in Zurich, Switzerland.

Who is the current CEO of Sevensense?

Gregory Hitz is the current CEO of Sevensense. They have also founded this company.

Is Sevensense a funded company?

Sevensense is a funded company, having raised a total of $7.7M across 3 funding rounds to date.

What does Sevensense do?

Sevensense was founded in 2018 in Zurich, Switzerland, as a provider of camera and AI-based unmanned ground vehicles serving various industries. Hardware and software solutions are delivered to support scanning, detection, recognition, routing, management, and control of mobility operations. Components such as navigators, obstacle detectors, routing tools, and task management systems are included. AI technology is applied for obstacle analysis and detection.

Who are the top competitors of Sevensense?

Sevensense's top competitors include SLAMcore, yodayoda and Shankou Intelligent Technology.

What products or services does Sevensense offer?

Sevensense offers Alphasense Position, Alphasense Autonomy, and Alphasense Tracker.

Who are Sevensense's investors?

Sevensense has 3 investors. Key investors include ABB, Open-i, and Venture Kick.

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