Gabriel, a Sao Paulo, Brazil-based technology and security-focused AI startup, raised US$12m in Series A funding.
The round was led by the SoftBank Latin America Fund, with participation from Canary, Norte Ventures, Globo Ventures, Indie Capital, QMS Capital, Montlacer Investments, CamelFarm Ventures, Endeavor ScaleUp Ventures and Wayra, the startup investment arm of the Spanish Telco Telefónica group.
The company will use the capital to invest in resources aimed at building its safety surveillance camera network, starting in Rio de Janeiro, with plans for further expansion in other major cities.
Founded in 2020 by Erick Coser, Otávio Miranda and Sérgio Andrade, Gabriel offers its members the support of thousands of intelligent cameras and proprietary technology, resilient by design. The company operates the camera park entirely, spread over multiple neighborhoods in Rio de Janeiro and soon-to-be-launched new capitals. Gabriel currently manages five times more cameras than the government’s network in the city. By becoming a subscriber, users can share images from their public facing cameras with the network through the company’s platform. Gabriel can then carry out complex investigations and notify the police in a few minutes – all at no cost to the government and benefiting users with a public security system that works.
FinSMEs
08/10/2021