Sightec

Tel Aviv, Israel Founded: 2010 • Age: 16 yrs
AI and computer vision software is provided for autonomous flights.
Annual revenue - Latest available
Total funding $2.0M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Transportation, Automotive & Logistics
    Technology Aerospace, Defense & Maritime
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  • Website
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Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • 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

  • Latest Funding Round
    $2.71 M (USD), Grant

    Apr 01, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Sightec

Sightec offers a comprehensive portfolio of products and services, including NavSight and SafeSight.

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Primary

GPS-free navigation is provided for uninterrupted drone operations.

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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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Investor details for Sightec

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Investments & Acquisitions by Sightec

Investments
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Investment portfolio details for Sightec

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Financial Statements - Sightec

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Detailed financials for Sightec

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Sightec Comparisons

Sightec Primary company
Description
AI and computer vision software is provided for autonomous f...
Location
Tel Aviv, Israel
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Sightec

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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
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Autonomous aerial vehicles are provided for consumer and commercial uses.
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Autonomous aircraft systems are developed for cargo delivery operations.
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Autonomous electric eVTOL vehicles are developed for passenger air transport.
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Airborne systems for flight autonomy are developed using AI.
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Transwing design licensing services are provided to clients.
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Next-generation military aircraft are designed and developed for aviation platforms.
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Detailed competitors of Sightec

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Latest news on Sightec

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Complete news archive for Sightec

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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 current CEO of Sightec.

Sightec is a funded company, having raised a total of $2M across 3 funding rounds to date.

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.

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