Screening Eagle Technologies Raises CHF 55M in Equity Funding

Screening Eagle Technologies, a Zurich, Switzerland-based cloud tech platform connecting sensors, software, and data for intelligent inspection of assets and infrastructure, raised CHF 55m in its first institutional round of equity funding.

The round was led by a prominent Swiss family office (advised by JL Financial Advisory AG) with participation from EDBI and other high-net-worth individuals.

The company intends to use the funds to accelerate its growth trajectory with new product development, talent acquisition, and M&A.

Led by Marcel Poser, Co-founder, and CEO, Screening Eagle provides a cloud based tech platform connecting sensors, software, and data for intelligent inspection of roads, bridge, building, energy and transportation assets and infrastructure.

Eagle Inspect, its project management and workflow software tool dedicated to asset inspection, which rolls-out later this year, provides end-to-end digital records, AI-assisted condition assessment and automated reporting.

The company is a merger of two Tectus Group founded and funded companies – Dreamlab, a Singapore-based software and robotics company, and Proceq, a Swiss-based NDT company with a 65+ year history as a market leader in portable sensors.

FinSMEs

03/04/2020

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