An investment group focused on supporting companies, which experience transformational growth, London-based Brookstreet will support Perceptual Robotics in the first quarter of 2023 to expand its products and explore new markets, including America.

Perceptual Robotics, which has bases in the UK and Europe, is already backed by international investors such as TSP Ventures, Future Fund, Humble Holdings and Metavallon VC.

Kostas Karachalios, CEO and Founder of Perceptual Robotics, said: “We are delighted to have raised our first close of the round and to bring along Brookstreet. Their invaluable experience with companies in the robotics space, as well as international transactions, will enhance our transatlantic exposure whilst we push to expand in new geographies and expand our product offerings.

“We are looking forward to getting Brookstreet’s support in this new phase of growth for Perceptual Robotics, fuelled by being the number one self service provider for the technology of the inspection of wind turbines.”

By utilising drones and AI, Perceptual Robotics offers a vital solution designed to undertake autonomous in-depth turbine inspections four times faster than traditional solutions, collecting high-quality data, and quickly analysing it with state-of-the-art AI data processing.

Perceptual Robotics’ Dhalion solution increases safety during inspections, as well as increasing cost-effectiveness and dramatically reducing turbine downtime for wind farm operators. While the company’s headquarters is in Bristol, UK, Perceptual Robotics’s European base is in Athens, Greece, and last year it opened operations in both Spain and France.

Founded by M&A, McKinsey and CEO veterans, Brookstreet brings established scale-up practices in asymmetric markets, offering differentiated strategies focused on providing commercial capital and hands-on support in driving strategy and its execution.

With a global network and platform, which outreaches USA, UK, Continental Europe, Middle East and Asia, Brookstreet is recognised as a ‘DraxFuture40 Investor’.

The company is a thematic investor in innovations across the 4th Industrial Revolution (4IR), Green and ESG technologies with wider impact such as Nanotech, Internet of Things, Artificial Intelligence, Robotics and Cybersecurity. To date, Brookstreet has completed 23 transactions across its portfolio of assets.

Omiros D. Sarikas, (Managing Partner) CEO of Brookstreet, said: “We welcome Perceptual Robotics to the Brookstreet family and look forward to working with Founders, Management and Co-Investors to fast track their Scale Up journey. In the era of Digital Transformation and Green Transition, Perceptual Robotics blends Artificial Intelligence and Autonomous Technologies for the benefit of Renewable Energy Sources, which fuel our Circular Economy.”

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CEO Kostas Karachalios and Chief Operating Officer Dimitris Nikolaidis, pitched their inspection and maintenance solution to the in-person and online audience, which included around 175 attendees with more than $130 billion under management. The expert insight will assist Perceptual Robotics with their plans to move beyond the wind industry to other renewables markets.

Kostas Karachalios, CEO of Perceptual Robotics, said: “Perceptual Robotics received an amazing welcome from Deeptech Labs and the investors were very keen to hear more about our Dhalion system. Each expert was completely focused on our success to ensure we take our inspection and maintenance solution to new clients and markets. The valuable insights we have gained from the industry leaders has undoubtedly prepared us for the next stage of scaling our business and will allow us to deliver our game-changing inspection solutions to a wider audience.”

Deeptech Labs is a ground-breaking accelerator programme that supports technology start-ups who are solving a substantial scientific or engineering challenge. As part of the programme, Deeptech Labs offers multiple workshops such as sales and business development, analysing what makes a high-performance organisation and understanding how businesses can stand out. They also offered Perceptual Robotics invaluable insight and expertise about how to develop their forward-thinking product for the wind industry and beyond.

Perceptual Robotics was selected as one of just five companies from thousands of applicants, and during the three-month programme has also enjoyed invaluable practical and deployable advice from a network of fellows, expert speakers, entrepreneurs and advisors.

Utilising drones, Perceptual Robotics is offering vital solutions to the renewables’ industry by collecting high-quality data from wind turbines in less than 15 minutes and seamlessly analysing the data with state-of-the-art AI data processing. Perceptual Robotics’ Dhalion solution increases safety during inspections by utilising drones and AI, as well as increasing cost-effectiveness and dramatically reducing turbine downtime for wind farm operators. With this latest funding, Perceptual Robotics has plans to move into other markets.

Miles Kirby, CEO of Deeptech Labs, said: “There is an urgent need to develop and invest in the next generation of deeptech companies whose solutions address the fundamental issues that we face as a society today.

“Perceptual Robotics has a unique and powerful technological solution that supports the renewable industry world-wide. Thanks to our deeptech-specific accelerator programme – the only deeptech-specific accelerator in Europe – our cohort companies are stronger, more resilient and more ambitious in their commercialisation.

“Deeptech Labs is delighted to invest and support Perceptual Robotics which will ensure their growth across multiple sectors in Europe and beyond.”

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