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Egor Folley

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How Artial Raised $500K Pre-Seed to Build an AI-Driven Urban Safety Drone Platform (Interview with CEO Egor Folley)

Egor Folley (CEO of Artial) spoke to Nathan Latka on April 27, 2022.

Artial figures from the interview

Total Funding Raised
$500,000
Funding Round (2021)
Pre-Seed
Investor (2021)
Autonomous Solutions Fund
Pre-Seed Valuation (2021)
Below $5,000,000
“Well, right now, we're focusing on delivering the software as a license. We're building autonomy engine that brings a new level of drone intelligence, basically, by providing the high higher level of autonomy that exists right now. And we're mostly focused on licensing it for the drone manufacturers or autopilot programs.”
“Yeah. Well, let's just be clear. We are only four months old. We just established, incorporating in December.”
“Originally, we met with my investor and it was just a small talk. He eventually, like, okay, if you do the product, I will invest in you. And I did the proof of concept. The video is on our website. You can see it. And he's like, okay, I like it. Let's work. Let's collaborate. And he invest in us, like, €100,000.”

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Bio

Experienced AI tech-lead in RnD robotics, deep learning, and computer vision. Solid knowledge of problem-solving and strong leadrship skills. AI for Nanobiotech PhD (IBEC) program dropout.

Company

Artial

Redwood City, United States · Founded 2021

Revenue
$55.7K
Funding
$500K
Team size
1
Customers
1

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