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Screening Eagle extends its growth capital to CHF 60 million for Inspection Tech

Sep 07, 2020

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Screening Eagle extends its growth capital to CHF 60 million for Inspection Tech

Keynote Screening Eagle product launch event scheduled for September 9th, 2020

Screening Eagle Technologies (SET), a cloud-based technology platform connecting sensors, software, and data for intelligent inspection of assets and infrastructure, raised CHF 5 million of new capital in an extension of its April 2020 capital raise for a total funding of CHF 60 million.

The funding, led by a family office with deep industrial technology experience, accelerates Screening Eagle’s growth plans in product development, talent acquisition and M&A and supports its mission to protect the built world with software, sensors and data.

“At Screening Eagle we obsess over every detail of inspection; we think over hundred-year asset lifetimes; and we build product solutions that unlock the predictive power of data for field inspectors and engineers to make recommendations and asset owners to make decisions”, said Marcel Poser, co-founder and CEO. “We welcome our new investor that shares our long-term perspective and we’re excited to unveil our next-frontier developments at our September 9th product launch event.”

Screening Eagle Technologies has over 220 employees across 9 worldwide offices with R&D technology hubs in Zürich, Málaga and Singapore. Screening Eagle’s blue-chip clients inspect the world’s most valuable assets – buildings and infrastructure, oil and gas, energy and transportation. Its cloud-connected software platform is transforming the industry; now eclipsing 4,000 registered users.

Screening Eagle is making a major product release announcement on September 9th, 2020 – 9am New York | 2pm London | 9pm Singapore – that showcases the power of its Inspection Tech platform.

• Screening Eagle Inspect – AI-powered intelligent asset inspection software
• Subsurface Ground Penetrating Radar (GPR) – mapping the underground world

Register for the livestream event or watch on-demand later at: https://screeningeagle.com/key20set/