Million euros for Peregrine Technologies

After the pre-seed round at the beginning of 2020, the seed round now follows: The Berlin-based start-up was able to raise a seven-figure sum.

It was only in 2019 that Naja von Schmude, Jorit Schmelzle and Steffen Heinrich founded the start-up Peregrine Technologies, and now they have been able to raise a seven-figure sum. Vektor Partners, who were already involved in the pre-seed round last year, and Brandenburg Kapital, which belongs to Brandenburg's development bank ILB, participated in the seed round.

CEO Steffen Heinrich explains what the money will be used for: "Now we can expand the reach of our smart camera network and offer visual risk assessment to fleet operators around the world to make traffic safer and logistics more efficient."

Peregrine Technologies makes it possible to map the environment of vehicles with the help of AI. This helps to avoid traffic accidents and reduce fuel consumption, for example. The service is used by insurers, fleet operators or individual drivers.

"It will be exciting to see how Peregrine plays a role here and creates innovative new products with real added value for fleet owners and operators," says Bernd Gottschalk of Vekor Partners. Brandenburg Kapital also has high hopes for the start-up: "We invested in Peregrine because their solution addresses one of the biggest future challenges in the mobility sector," says Katja Kühnel.