Estonian Hepta Airborne raises $2.4 million

Hepta Airborne, the Estonian AI-driven technology company, has raised $2.4 million in new funding. The investment was led by SpeedUp Group and EIT InnoEnergy, along with previous investors, Contrarian Ventures, Expansion Capital, Thorgate Ventures, and Markku Jääskelainen.

Image credits: the company`s press release

Founded in 2017 by Henri Klemmer, Siim Maripuu, and Siim Heering, Hepta provides end-to-end inspection and analysis tools to automate power grid management. Its software provides a birds-eye view of the grid, and Hepta’s autonomous drones deliver best-in-class quality for hundreds of kilometers. The company offers a full service, from gathering the data to analyzing it. 

The raised money will help the company to digitize energy infrastructure and automate inspection. Also, Hepta’s CEO Henri Klemmer says that investment with a great network of contacts gives Hepta a chance to enter other European countries even more vigorously. To date, the company employs 35 people in Estonia, Germany, Portugal, Finland, and Ukraine.