Tinamu Labs Secures CHF 1 million investment to drive growth of its indoor drone-based monitoring systems
19.06.2023
Tinamu Labs, a Zurich-based startup renowned for its indoor drone-based monitoring systems, has recently closed a pre-series A financing round, securing CHF 1 million. This successful round, led by Alpana Ventures and DAA Capital Partners, attracted new and existing investors from the drone and trading industries.
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Leveraging its unique patented technology and expertise in indoor drone flight and workflow automation, Tinamu Labs has positioned itself as a flexible solution provider for automated inventory monitoring of bulk cargo. This groundbreaking service has garnered attention from global companies in various sectors, such as mining, commodity trading, construction, and logistics. These industries have historically relied on manual measurements and paper-based reporting for stockpile volumes, resulting in sluggish, expensive, error-prone, and inaccurate processes.
Since its inception in 2022 as a spin-off from ETH Zurich, Tinamu Labs has steadily expanded its reach beyond Switzerland to encompass Belgium and France. Building on this success, the startup aims to extend its operations further to address the prevailing challenges faced by supply chains and operations in other locations.
A significant development in Tinamu Labs' growth journey is its recent technology partnership with Parrot, a leading commercial drone manufacturer. This collaboration enables Tinamu Labs to gradually upgrade its clients to Parrot's cutting-edge ANAFI Ai drone, thereby offering a comprehensive turnkey solution that encompasses both hardware and software. Notably, clients like Kibag, a prominent Swiss company in the building materials and construction sector with extensive operations, have already reaped the benefits of Tinamu Labs' automated workflow, delivering swift, accurate, and cost-efficient periodic volume measurements of stockpiles without the need for piloting skills or GPS.
Denis Libouton, Commercial Lead at Tinamu Labs, expressed the company's progress, stating, "The successful transition of Tinamu's trial installations in 2022 into long-term contracts has paved the way for expanding our services to clients' additional locations. Concurrently, we are forging relationships with new clients across Europe, marking our entry into the market."
With the newly secured funding, Tinamu Labs is poised to reinforce its position as a key player in the drone-based monitoring industry while continuing to drive innovation in automated inventory management.
Tinamu Labs won Venture Kick Stage 2 in 2018, participated in Venture Leaders Technology in 2022, and was ranked in the TOP 100 Swiss Startup Award in 2021 and 2022.
From left to right: Daniel Meier (Business Lead & Co-founder), David Lanter (Finance Lead & Co-founder), Samuel Oberholzer (Product Lead & Co-founder), and Tobias Nägeli (CEO & Co-founder)
Since its inception in 2022 as a spin-off from ETH Zurich, Tinamu Labs has steadily expanded its reach beyond Switzerland to encompass Belgium and France. Building on this success, the startup aims to extend its operations further to address the prevailing challenges faced by supply chains and operations in other locations.
A significant development in Tinamu Labs' growth journey is its recent technology partnership with Parrot, a leading commercial drone manufacturer. This collaboration enables Tinamu Labs to gradually upgrade its clients to Parrot's cutting-edge ANAFI Ai drone, thereby offering a comprehensive turnkey solution that encompasses both hardware and software. Notably, clients like Kibag, a prominent Swiss company in the building materials and construction sector with extensive operations, have already reaped the benefits of Tinamu Labs' automated workflow, delivering swift, accurate, and cost-efficient periodic volume measurements of stockpiles without the need for piloting skills or GPS.
Denis Libouton, Commercial Lead at Tinamu Labs, expressed the company's progress, stating, "The successful transition of Tinamu's trial installations in 2022 into long-term contracts has paved the way for expanding our services to clients' additional locations. Concurrently, we are forging relationships with new clients across Europe, marking our entry into the market."
With the newly secured funding, Tinamu Labs is poised to reinforce its position as a key player in the drone-based monitoring industry while continuing to drive innovation in automated inventory management.
Tinamu Labs won Venture Kick Stage 2 in 2018, participated in Venture Leaders Technology in 2022, and was ranked in the TOP 100 Swiss Startup Award in 2021 and 2022.
From left to right: Daniel Meier (Business Lead & Co-founder), David Lanter (Finance Lead & Co-founder), Samuel Oberholzer (Product Lead & Co-founder), and Tobias Nägeli (CEO & Co-founder)