PointGrab Raises £3.4M in Funding

PointGrab, a London UK-based company which specializes in the creation of smart sensors for businesses to maintain social distancing in post-COVID offices, raised £3.4M in funding.

The round was led by EMV Capital.

The company intends to use the funds to accelerate the rollout of its platform.

Led by Doron Shachar, CEO, PointGrab is a machine learning and computer vision PropTech company that provides smart sensing solutions to the building automation and facilities management industry. PointGrab provides a Smart Sensing Platform, which helps to track staff to keep them COVID-safe, to new and existing customers, distancing alerts, cleaning capabilities and smart analytics will help workplaces reopen.

Other investors in the company included ABB Ventures, Signify, and various family offices.