Singaporean Industrial Vision AI Startup Ailytics Raises $7.4M Series A Led by Tin Men Capital
Ailytics secured $7.4M in Series A funding to expand its industrial CCTV-to-AI safety systems into the US, Japan, and other key markets.
Singapore-based industrial vision AI startup Ailytics has announced the completion of a $7.4 million Series A funding round led by Tin Men Capital. Other participants included SEEDS under SG Growth Capital, Japanese cloud camera provider Safie, and the family office of a major Japanese construction firm.
Founded in 2021, Ailytics converts existing CCTV infrastructure in industrial sites into real-time safety and operations management systems. Since raising $2.7 million in a Pre-Series A round in April 2024, the company has expanded from 70 projects across 4 countries to over 400 deployments in 15 countries, serving clients such as NatSteel, DHL, and Rome Leonardo da Vinci International Airport.
According to PRNewswire, Ailytics CEO Lenard Tan stated that the investment will strengthen local teams in the United States, Japan, Australia, and the Gulf region. CTO Prateek Manocha noted that the funds will also support the development of proprietary domain-specific inference models, aiming to keep AI operating costs low despite growing demand.
Jeremy Tan, Co-founder and Managing Partner at lead investor Tin Men Capital, mentioned in the statement that Ailytics maintains "very solid unit economics and less than 1% customer churn." This metric is self-reported by the company and investors, not independently audited.