Ception

Ception is the developer of MineCept, an AI-based system for reducing accidents and improving the productivity and profitability of heavy equipment at construction sites, mines, quarries, and industrial plants. The system is designed to lower operation costs and contribute to sustainability in these demanding work environments. MineCept uses advanced, real-time, high-definition 3D mapping and precise positioning technology, based on visual feed rather than GPS, to provide full situational awareness of a machines surrounding environment by cross-referencing information from different sensors and a range of image-processing algorithms and deep learning methods. MineCept is installed on heavy vehicles and provides operators, site managers, and safety managers with real-time information and insights in order to improve safety and overall operational efficiency.

Ception has raised $7M in total funding across 3 rounds. The company is currently at the Seed stage. Key investors include Access Construction Innovation Hub, IIA, MoreVC.

Ception was founded in 2018 by Tal Israel (Co-founder & CEO), Amiad Solomon (Co-founder), Yossi Buda (Co-founder & CTO).

Ception operates in Industrial Technologies, Operational Optimization Solutions, with core technologies in Simulation & Imaging, Digital Twin, Sensing, LIDAR, Geolocation, Artificial Intelligence, Computer Vision, Deep Learning. Target customers: Defense, Safety & Security, Security, Law Enforcement, Transportation & Logistics, Transportation Infrastructure, Ports & Harbors, Industrial Manufacturing, Hybrid Industries, Mining, Industrial Equipment, Machinery, Discrete Industries, Automotive, Real Estate & Construction, Construction.

Ception is based in Hartom Street 16, Jerusalem, Israel, Jerusalem District.