Arkion Raises $4 Million in Funding for its AI Grid Inspection Solution

Image source: Arkion

Published on July 25, 2024

Arkion, an AI-based company specializing in grid inspection data solutions, has raised $4 million in a funding round led by Subvenio Invest, with Neptunia Invest and Antler participating. The funds should support Arkion’s growth and product development, particularly in the energy infrastructure sector.

Arkion, formerly known as Skyqraft, offers AI-powered software that analyzes data from overhead power lines, transforming it into detailed condition assessments of assets. This technology identifies faults and potential issues in the grid infrastructure with high accuracy, allowing for efficient and cost-effective monitoring and maintenance. By automating these processes, Arkion enhances the reliability and safety of power distribution networks.

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