Different job sites are subject to a variety of rules and regulations regarding health and safety.  Food production requires stringent protective gear and other measures to prevent contamination.  There are similarly stringent guidelines in pharmaceuticals.  In construction and other fields, there is protective clothing to prevent injuries.  Failure to comply can carry legal consequences but can also carry regulatory or even criminal enforcement activity.

Traditionally, Companies would enforce the health and safety policies and procedures though a manualized process.  This most frequently entailed physical inspection, the stereotype of the executive walking around with a clipboard taking notes.  This carries obvious inefficiency of only being able to monitor a single physical space at a time.  Control rooms that monitored CCTV footage where the next logical extension, but this relied on the attentiveness of the individual that was monitoring the screen and more frequently was used retroactively to analyze what happened after an accident or incident occurred.

Computer vision solutions have started becoming more common place across a range of activities.  Cameras have been used in sorting functions along conveyer belts.  More recently, computer vision has been used in the quality control function to monitor for defects and packaging.  However, more and more enterprises are recognizing the capability of computer vision to protect the safety of worksites.  Solutions leveraging computer vision will enable enterprises to monitor their facilities, detect hazards and risk, proactively notify and alert to prevent incidents, enforce compliance and raise overall safety standards.  This will translate directly into cost reductions.

We are excited to lead the funding round for KinetixPro as they building a unique product offering that enables all of the benefits of computer vision as mentioned above.  In addition, they provide spatial movement tracking of both people and vehicles by stitching together multiple camera angles.  This provides a variety of additional advantages in the detection and warnings that are pivotal to accident prevention.  The founding team combines strong technical capabilities of building spatial computation and computer vision along with experienced business development in digital transformation.