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Zeitview, whose software analyzes images from infrastructure inspections, raised $60 million last month, the startup tells Axios.

Why it matters: Spotting equipment problems has gotten harder as renewables and on-site power have decentralized electric grids.

Zoom in: Climate Investment led the all-equity raise, a Zeitview spokesperson tells Axios. 

Existing investors Valor Equity Partners, Union Square Ventures, Upfront Ventures, Euclidean Capital, Energy Transition Ventures, Hearst Ventures and Y Combinator participated.

Mike Bishop, investment director at Climate Investment, is joining Zeitview's board.

How it works: Zeitview uses drones, manned aircraft, and other tech to inspect solar arrays, wind turbines, telecom sites, and similar infrastructure, then uses AI and machine learning to analyze the results.

The Los Angeles-based company, previously known as Dronebase, says it inspected 200,000 infrastructure assets globally last year. 

The intrigue: Zeitview declined to disclose how much money it's previously raised or to put a label on this most recent round. 

The startup in February 2023 announced a $55 million Series E, bringing its total fundraising at the time to nearly $119 million, per PitchBook. 

What's next: Zeitview plans to further expand its software, the spokesperson says.

Exclusive: Zeitview raises $60M for infrastructure inspections

Climate Investment led the all-equity round.

A Zeitview drone inspects a wind turbine.

A Zeitview drone, top right, inspects a wind turbine. Photo: Courtesy of Zeitview

Zeitview, whose software analyzes images from infrastructure inspections, raised $60 million last month, the startup tells Axios.Why it matters: Spotting equipment problems has gotten harder as renewables and on-site power have decentralized electric grids.

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Exclusive: Zeitview raises $60M for infrastructure inspections

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