California-based Zeitview uses AI to cut inspection times and costs for solar and wind farms, telecommunications and other critical infrastructure to help extend their lifespans. US and UK-based Climate Investor, which backs decarbonization solutions, led a $60 million round to help the startup speed development of its AI and customer support software.
Existing investors including Valor Equity Partners, Energy Transition Ventures and family office Euclidean Capital joined in.
Infrastructure longevity
Physical infrastructure inspection is a hidden source of emissions, Zeitview says, involving transportation of staff and equipment to remote areas. The company’s digital inspection solutions minimize travel and enable clients to take a proactive infrastructure maintenance approach, reducing the frequency of on-site inspections. The AI-based system captures and analyzes visual data to help assess risk and prevent catastrophic failure.
Zeitview doubled the number of assets it has inspected to more than 200,000 across 80 countries last year. “Infrastructure owners, operators, and OEMs (original equipment manufacturers) need inspection solutions that can serve their entire portfolio – spanning multiple asset types, operating globally, and supporting the full asset lifecycle,” said Climate Investment’s Mike Bishop.