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OneView Obtains $3.5 Million in Seed Financing

June 22, 2020

OneView has raised $3.5 million in Seed round fundraising — TPY Capital led the round, with investors including RDC (Elron and Rafael’s joint venture) and MediaTek Ltd.

With the funds raised, OneView will be able to accelerate its product development and grow partnerships with leading Earth Observation (EO) imagery providers as well as image analytics firms.

OneView’s proprietary technology generates real-like EO imagery for fast and scalable intelligence gathering by the accurate deciphering of images. The virtual synthetic datasets produced by the platform accelerate and simplify machine learning algorithm training.

EO imagery analysis operations have historically relied on prolonged, error-prone human processes as well as on expensive and scarce-at-times satellite and airborne imagery. OneView’s groundbreaking platform uses 3-dimensional virtual worlds to produce life-like scenes tailored to its clients’ needs. This imagery is optimized to train machine learning algorithms and receive reliable insights at a fraction of the time.

OneView has already begun forging partnerships with market leaders in various relevant industries. EO imagery providers select OneView to improve their products through synthetic training datasets, and design partners are now establishing collaborations to enhance their real-time algorithmic capabilities.

Looking forward, OneView aims to provide a comprehensive solution for gathering of accurate intelligence robustly and efficiently. With earth observation system usage expanding across the board, the company strives to provide state-of-the-art tools to analyze and produce valuable insights from the vast amounts of available data.

OneView’s founders. From left to right: Omri Greenberg, Co-Founder and COO, Oren Katzir, Co-Founder and CTO, and Dor Herman, Co-Founder, and CEO.

“With the proliferation of satellite and aerial imagery, OneView can help better understand the world we live in,” said Dor Herman, Co-founder and CEO of OneView. “Our virtual synthetic datasets enable to fast-track the algorithm training phase, and scale intelligence gathering from earth observation imagery.”

“We were impressed with the talented team at OneView and strongly believe their unique technology is a game-changer“, said Kobi Katz, VP & CIO at Rafael and board member at RDC. “OneView’s technology is valuable for numerous use cases both in the civil and in the defense industries. This is where our partnership with Elron through RDC can bring unique capabilities and provide support in product development, product-market fit, go to market planning, and AI know how.”

Filed Under: Earth Observation (EO)

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