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Arkion

Arkion is a web-based analytics platform that utilizes AI-powered computer vision and human expertise to provide precise insights from overhead line inspections. The platform enhances grid resilience by delivering accurate data that minimizes risks, reduces preventable outages by 50%, and lowers defect costs by over 80%.

Traction 10/10
Stockholm, Sweden · HQ
Founded 2019363K+ followers
  • Artificial Intelligence
  • Data & Analytics
  • Clean Technology
  • Enterprise Software
  • Software Only
Updated 2 months ago

Funding

Raised to date

$10MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

$8.1M across 2 disclosed rounds

NI

$4M · Seed

Announced Jul 2024

Disclosed cumulative: $8.1M

2/2

Reported total $10M

Incomplete round history. $1.9M of the $10M reported total isn’t matched to a known round.

Founders

1 founder

David Wickström

CTO/Co-founder

Product

Problem

Overhead power line inspections often generate large volumes of unstructured data, making it difficult for utilities to quickly and accurately assess grid health. Manual analysis of inspection data is time-consuming, costly, and prone to human error, potentially leading to delayed maintenance and increased risk of outages.

Solution

Arkion provides a web-based analytics platform that uses AI-powered computer vision and human expertise to extract actionable insights from overhead line inspection data. The platform analyzes high-resolution imagery, thermal data, and LiDAR scans to identify defects and assess asset conditions. By integrating with existing AMS and work order systems, Arkion streamlines data integration and provides a comprehensive view of grid health. This enables utilities to minimize risks, improve uptime, and optimize maintenance and investment decisions, ultimately enhancing grid resilience and reducing preventable outages.

Target Audience

Arkion primarily serves power grid operators and utility companies responsible for maintaining and managing overhead power lines.

Features

  • AI-powered computer vision for automated defect detection in overhead line imagery
  • Human-in-the-loop quality assurance to validate AI findings and ensure accuracy
  • Support for multiple data sources, including high-resolution photos, thermal images, and LiDAR
  • Integration with AMS and work order systems for seamless data flow
  • Web-based platform accessible from any location
  • Predictive intelligence to forecast asset failure points
  • Secure cloud storage adhering to CCPA, GDPR, and COBIT-5 standards
This profile is AI-generated and may contain inaccuracies.