About Sightec
Sightec is a company based in Tel Aviv (Israel) founded in 2010 by Rami Hagege. It operates as a AI-as-a-Service. Sightec has raised $2 million across 3 funding rounds from investors including European Union, EIC Fund and Sherpa InnoVentures. Sightec offers products and services including NavSight and SafeSight. Sightec operates in a competitive market with competitors including Ehang, Elroy Air, Wisk, Daedalean and PteroDynamics, among others.
- Headquarter Tel Aviv, Israel
- Founders Rami Hagege
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Sectors
Transportation, Automotive & LogisticsTechnology Aerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 3 rounds
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Latest Funding Round
$2.71 M (USD), Grant
Apr 01, 2022
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Investors
European Union
& 3 more
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Employee Count
Employee Count
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Products & Services of Sightec
Sightec offers a comprehensive portfolio of products and services, including NavSight and SafeSight.
GPS-free navigation is provided for uninterrupted drone operations.
Real-time aerial analytics are delivered for informed decision-making.
Funding Insights of Sightec
Sightec has successfully raised a total of $2M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $2.71 million completed in April 2022. 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 Funding
- Total Rounds 3
- Last Round Grant — $2.7M
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First Round
First Round
(22 Apr 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2022 | Amount | Grant - Sightec | Valuation |
investors |
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| Oct, 2021 | Amount | Grant - Sightec | Valuation |
investors |
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| Apr, 2019 | Amount | Seed - Sightec | Valuation | Sherpa InnoVentures , Playfair Capital |
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Investors in Sightec
Sightec has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, EIC Fund and Sherpa InnoVentures.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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A venture capital firm focused on pre-seed investments in Europe.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sightec
Financial Statements - Sightec
Sightec Comparisons
Competitors of Sightec
Sightec 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 Ehang, Elroy Air, Wisk, Daedalean and PteroDynamics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Autonomous aerial vehicles are provided for consumer and commercial uses.
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| domain | founded_year | HQ Location |
Autonomous aircraft systems are developed for cargo delivery operations.
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| domain | founded_year | HQ Location |
Autonomous electric eVTOL vehicles are developed for passenger air transport.
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| domain | founded_year | HQ Location |
Airborne systems for flight autonomy are developed using AI.
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| domain | founded_year | HQ Location |
Transwing design licensing services are provided to clients.
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| domain | founded_year | HQ Location |
Next-generation military aircraft are designed and developed for aviation platforms.
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Latest news on Sightec
Frequently Asked Questions about Sightec
Sightec was founded in 2010 and raised its 1st funding round 9 years after it was founded.
Sightec is headquartered in Tel Aviv, Israel.
Roy Shmuel is the current CEO of Sightec.
Sightec is a funded company, having raised a total of $2M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Apr 22, 2019.
Advanced machine-vision and AI technology are utilized by Sightec to enhance drone capabilities. Real-time visual situational awareness is provided for drones, enabling GPS-free navigation and beyond-visual-line-of-sight operations. Solutions are offered for public safety, security, inspection, delivery, and advanced air mobility sectors. Lightweight and hardware-agnostic software is designed to ensure efficiency and scalability for various drone platforms.
Sightec's top competitors include Ehang, Wisk and PteroDynamics.
Sightec offers NavSight and SafeSight.
Sightec has 4 investors. Key investors include European Union, EIC Fund, Sherpa InnoVentures, and Playfair.