Buzz Solutions provides AI-based actionable insights and predictive analytics for asset fault detection and inspection of power lines.
Buzz Solutions provides a software platform powered by Artificial Intelligence, Actionable Insights, and Predictive Analytics for faults and anomaly detection for the power line inspection process for power utilities. The company's platform automates the process of storing and organizing visual data (captured in the field through drones and helicopters), analyzing for faults using its AI algorithms, mapping the data and providing heat maps as well as predictive insights for when, where and what kind of faults are happening on power line and assets. Using its solutions, power utilities save over 50% of cost and time to analyze data which makes condition-based maintenance efforts easier and time-efficient, thus, preventing wildfires, power outages, and other climate change effects on the physical infrastructure of the grid.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 1, 2022 | Series Unknown | $3.30M | 2 | GoPoint Ventures | — | Detail |
Jan 31, 2022 | Seed | — | 2 | — | — | Detail |
Jun 26, 2020 | Seed | $1.20M | 4 | Blackhorn Ventures | — | Detail |
Mar 30, 2020 | Seed | — | 1 | — | — | Detail |
Nov 16, 2017 | Seed | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
GoPoint Ventures | Yes | Series Unknown |
Blackhorn Ventures | Yes | Seed |
MaC Venture Capital | — | Series Unknown |
Azure Ventures Group | — | Seed |
Lorimer Ventures | — | Seed |
Advisors.fund | — | Seed |
Ulu Ventures | — | Seed |
Vodia Ventures | — | Seed |
NCT Ventures | — | Seed |