Interesting play with Drones and Twins
Hive raises $25M for drone-powered asset digital twins
George Lawton@glawton
April 5, 2022 9:27 AM
vHive, an Israeli startup that provides software to help off-the-shelf drones create digital twins, has raised $25 million in series B funding. The company focuses on software that improves site surveys, data analysis and report generation workflows. Current customers include wireless telecom operators, construction companies and commercial insurance companies, such as Bechtel, Deutsche Telekom, Phoenix Tower International and SBA.
vHive CEO and cofounder Yariv Geller told VentureBeat he started the company with Tomer Daniel after seeing how the manufacturing industry used digital twins to improve product designs. He realized there was a way that the combination of low-cost drones and better software could provide similar benefits at a macro level for cell towers, construction sites and any other sizeable physical asset. .... '
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