Buddywise: Revolutionizing Workplace Safety with AI

March 26, 2024, 3:33 am
Buddywise
Buddywise
Location: Sweden, Stockholm
Employees: 1-10
Founded date: 2020
Total raised: $3.82M
Buddywise, a Stockholm-based AI-powered workplace safety platform provider, has secured €3.5 million in seed funding to combat workplace accidents in industrial spaces across Europe. The round was co-led by specialist AI fund J12 and Kvanted, with participation from notable investors like Eric Quidenus-Wahlforss, founder of Soundcloud. Buddywise's innovative technology uses machine learning and computer vision to detect safety risks in real-time, allowing industrial clients to prevent accidents before they happen. By connecting existing camera infrastructure to the Buddywise platform, potential risks are flagged and addressed promptly, ensuring the safety of workers. The company plans to use the funding for outreach, recruitment, and further expansion across Europe, with a focus on digital transformation in the construction industry. With a strong emphasis on GDPR compliance and biometric data privacy, Buddywise is at the forefront of workplace safety technology, revolutionizing the way businesses approach safety in the workplace.