About Sightec
Sightec is a Transportation, Automotive & Logistics company based in Tel Aviv (Israel) founded in 2010 by Rami Hagege. AI and computer vision software is provided for autonomous flights. It operates on a AI-as-a-Service model in Transportation, Automotive & Logistics, Technology, and Aerospace, Defense & Maritime sectors. Sightec has raised $2 million across 3 funding rounds from investors including European Union, EIC Fund and Sherpa InnoVentures. Its chief executive, as recorded, is Roy Shmuel. Sightec offers products and services including NavSight and SafeSight. Its focus areas include Aerospace Technology and Drone Technology.
Company details
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.
- Headquarters Tel Aviv, Israel
- Founders Rami Hagege
- SectorsTransportation, Automotive & LogisticsTechnology Aerospace, Defense & Maritime
- Email••••••••
- Website sightec.com
- Social LinkedIn
- Total Equity Funding$2M (USD)
in 3 rounds
- Latest Funding Round$2.71M (USD), Grant
Apr 2022
- InvestorsEuropean Union
& 3 more
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 $2M
- Total Rounds 3
- Last Round Grant — $2.71M
- First Round $2M
(Apr 2019)
- Investors Count 4
All 3 funding rounds of Sightec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $2.71M | Grant | – | – | |
| Oct 2021 | $57,996 | Grant | – | – | |
| Apr 2019 | $2M | Seed | – | Sherpa InnoVentures, Playfair Capital | – |
4 investors in total: 4 institutional.
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 |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
| sherpa-innoventures.com | ||||
A venture capital firm focused on pre-seed investments in Europe. | 2013 | playfair.vc | London, United Kingdom | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Sightec
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Sightec
2 people are tracked at Sightec (2 in leadership).
| Name | Role | Group |
|---|---|---|
Rami Hagege | Co-Founder | Leadership |
Roy Shmuel | CEO | Leadership |
Complete people profiles for Sightec
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Sightec
3 dated milestones of Sightec across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Sightec is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Grant, of $2.7M.
Top companies in Autonomous Vehicles
2 companies that operate in the same segment as Sightec (Autonomous Vehicles) in Israel, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,820 | |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles | 2016 | Rosh Haayin, Central District, Israel | USD 252 M | USD 55.09 M | 415 |
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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 CEO of Sightec, as recorded in our data.
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 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 offers NavSight and SafeSight.
Sightec has 4 investors. Key investors include European Union, EIC Fund, Sherpa InnoVentures, and Playfair.