NEWS
Thread, which develops a platform to autonomously inspect utility assets, raises $15M
Thread (not to be confused with Threads), a startup developing a robotics platform to collect inspection data for utilities, today announced that it raised $15 million in a Series A funding round led by Badlands Capital with participation from Minnkota Power Cooperative, Generational Partners, Rosecliff Ventures, Excell Partners, Homegrown Capital and Kevin O’Leary’s Wonder Fund North Dakota.
Thread is latest investment of Kevin O’Leary directed Wonder Fund North Dakota
Wonder Fund North Dakota, a North Dakota Development Fund investment program directed by O’Leary Ventures (OLV) has selected Thread as its latest investment. Thread is the leader in enterprise-scale asset maintenance technology for energy and utilities.
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Falcker and Thread join forces to further automate drone inspections of energy assets
Wiebe de Jager | Drone Watch EU
Software developer Falcker has partnered with Thread, the leader of enterprise-scale autonomous data collection for delivering precise inspection insights, with the aim of taking automated inspections of industrial assets to the next level
Autonomous-technology startup’s UND roots run deep
Executives at Thread, formerly Airtonomy, bring their UND experience to bear as they innovate inspections of critical infrastructure.
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Thread receives $1.2 million to develop perimeter security software for Grand Forks Air Force Base
Ingrid Harbo | Herald Reporter
GRAND FORKS – Grand Forks technology company Thread, formerly known as Airtonomy, has received a $1.2 million award under the Air Force Small Business Innovation Research Program to develop unmanned aerial system software to enhance perimeter security at Grand Forks Air Force Base.
Microsoft launches Project AirSim, an end-to-end platform to accelerate autonomous flight
The CEO of Airtonomy was inside a digital replica of a real wind farm at the time, trailing a simulated drone through virtual reality glasses as it inspected towering turbines. His North Dakota-based company has been using these hyper-realistic simulations to train autonomous aerial vehicles that are now inspecting wind farms, surveying wildlife and detecting leaks in oil tanks across the Midwest.
2022 Best Tech Startups in North Dakota
The Tech Tribune staff has compiled the very best tech startups in North Dakota. In doing our research, we considered several factors including but not limited to: Revenue potential, leadership team, brand/product traction, and competitive landscape. Additionally, all companies must be independent (unacquired), privately owned, at most 10 years old, and have received at least one round of funding in order to qualify.
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