Investment Boost for AI Company Hammer Missions

Hammer Missions, a pioneering AI firm, has successfully secured £1.4 million in new funding aimed at accelerating the development of its cutting-edge AI technology and facilitating its strategic expansion into the burgeoning North American market. 

Funding Sources and Strategic Investors

This innovative company, which specializes in providing advanced technology solutions for the inspection of built structures, has attracted investments from UK-based venture capital fund ACF Investors. Additionally, notable angel investors have joined the cause, including Graham Hunter of GeoSLAM and Martin Grant of Atkins, highlighting the trust and confidence the investment community has in Hammer Missions’ potential. 

Innovative Inspection Solutions

Hammer Missions has developed an AI-driven software platform that efficiently maps and inspects various structures. The innovative system generates customized 3D inspection reports through the use of automated drone flights. This groundbreaking technology serves a multitude of applications, notably in roof and facade investigations, defect detection, and thermal forensics, providing essential inspections that are both detailed and accurate. 

Growth and Impact Since Inception

Since its inception in 2019, Hammer Missions has seen impressive growth, with its technology being deployed in more than 20,000 drone flights across over 5,000 distinct projects. This rapid expansion is a testament to the effectiveness and reliability of their offerings in the field of structural assessments and inspections. 

CEO’s Vision for the Future

Varun Sarwal, the chief executive officer of Hammer Missions, reiterated the significance of this new funding round by stating that it closely aligns with the company’s fundamental goals. “Our drone software was designed with simplicity at its core, ensuring that industry stakeholders can effortlessly gather actionable data for any type of building structure,” he expressed confidently. 

Expansion Plans and Product Enhancement

“We are collaborating with exceptional clients and partners in the industry. We look forward to utilizing this funding to broaden our international presence and enhance our product offerings, thereby ensuring we remain at the forefront of inspection technology in the built environment,” he added, showcasing the forward-thinking strategy of Hammer Missions. 

Transforming Structural Assessments

Sam Fennell, a partner at ACF Investors, acknowledged the transformative impact of Hammer Missions on the market, stating, “Hammer Missions radically changes the economics for building owners who require precise assessments of the structures they manage.” Such a shift could significantly reduce operational costs and improve the quality of inspections performed. 

Supporting Future Growth

Fennell concluded with enthusiasm, “We are excited to back Varun and his team as they embark on this next phase of growth, which promises to be both impactful and rewarding.” The support from invested parties signals a robust belief in the company’s continued success. 

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