Traffic is a highly complex environment for pedestrians, drivers, and vehicles. Telematics and sensors allow the collection of valuable data but tracking a vehicle’s driving pattern only tells half the story – the real questions that are much harder to answer are: why a vehicle was held up, why a driver took certain actions, or why a situation was avoided or led to an incident. The vast amount of data that need to be analyzed to make behavioral observations and recommendations require novel technological approaches and products.

To address this need, Steffen Heinrich, Jorit Schmelzle and Naja von Schmude founded Peregrine Technologies in Berlin in 2019. After spending the early part of their careers in research and with technology leaders such as Bosch, TomTom, and Volkswagen, today they concentrate on developing next-generation technology for real-time computer vision analysis, leveraging edge computing, new approaches to artificial intelligence, and targeting use-cases both inside and outside of vehicles.

Vektor Partners are proud to support the Peregrine team on their journey. Since our initial conversations, we have been impressed by the clarity of their vision and achievements to date. What has struck us the most, however, is their focus on real commercial applications that can deliver in the near and medium term. At Peregrine, two things have come together: first, a real passion for AI and robotics, capitalizing on the team’s expertise in perception and trajectory planning technology. Second, the founders’ shared experience in the automotive industry. With a solid understanding of their end-market and how successful product development works in a highly regulated and safety-conscious industry, the Peregrine team is developing value-added analytical solutions for a range of applications, ranging from dynamic and computer vision based data campaigning for real-time mapping, as well as valuable insights for insurance providers and fleet operators.

Significant R&D investments are flowing globally into the field of connected vehicles, with much channeled into advanced driver assistance systems and virtual driver modules, the benefits of which will only start to be harvested near the end of this decade. Today’s vehicles, however, still have limited capabilities to gather and share information from visual or other sensors. Peregrine’s solutions distinguish themselves by not requiring expensive additional hardware. With lean design and optimized for use on low-spec systems, their platform allows applications to be created that are immediately relevant to commercial fleet operators, insurance providers, and the transportation services sector. Peregrine offers a full SDK solution, allowing vehicle makers and system suppliers to integrate its technology easily in their cameras or vehicle platforms – therefore serving a market that includes both retrofit solutions and OEM production. We believe that Peregrine Technologies is well placed to become a successful disruptor in the computer vision technology space.

About Vektor Partners

We back visionary and globally minded founders of scalable B2B businesses operating at the technological frontier of AI-enabled applications, computer vision, software-definability, and next-gen compute power, with a strong focus on economic resilience, as well as defense and security applications.  The firm's most recent fund is dedicated to opportunities in the transportation, logistics, and supply chain space - a sector that is an early adopter of new technologies.  We are early-stage investors, and our ‘home’ are Seed to Series A rounds with initial investments typically in the range of €1-5m.  We mainly invest in Europe in globally oriented founders who we support with our deep network and partners across Europe, the US, and the MENA region.

About Peregrine Technologies

At Peregrine Technologies we empower companies to build a safer and more sustainable mobility ecosystem for all using video analytics. We aspire to become an industry leading AI and computer vision software company. Our GDPR compliant video analytics solutions help machines to perceive the world as humans do.