AI Startup Gets Funds to Help Prevent Widespread Work Accidents [BNN Bloomberg (Canada)]
HEINEKEN N V S/ADR (HEINY)
NASDAQ:AMEX Investor Relations:
theheinekencompany.com/investors
Company Research
Source: BNN Bloomberg
potential hazards in the workplace, an effort it says can help save lives and reduce economic losses from millions of accidents every year. The New York-headquartered startup's latest financing, in which existing backers Insight Partners, Point Nine and Air Street Capital also took part, takes its total funding to about $90 million to date. Founded in 2018 by Turkish-born duo Sercan Esen and Serhat Cillidag, Intenseye's technology works through existing cameras within warehouses or factories, identifying problems for clients from Heineken NV to bottler Swire Coca-Cola Ltd. that manual inspections might miss. The pair, who met while working at Sony, are working on systems that, for instance, can detect whether workers are in protective gear, scan and identify hazardous areas, and monitor the speed of vehicles such as forklifts. Intensye cites International Labor Organization estimates that nearly 3 million work-related deaths are reported each year, while losses to the global econo
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