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Prosus Ventures led a $28m Series B round in Detect Technologies.

Synopsis

Prosus Ventures, a venture capital firm, led a $28m Series B round in Detect Technologies, an AI-based SaaS enterprise, with participation from Accel, Elevation Capital, Shell Ventures, Bharat Innovation Fund and Bluehill Capital. "Our vision is to provide actionable intelligence to help industries mitigate their risks while achieving their business objectives sustainably. I am happy that our customers are reporting fewer HSE incidents and reduced unplanned downtimes with increased productivity levels. We are grateful for the confidence bestowed upon us by our investors, and look forward to accelerating our market expansion," Daniel Raj David, Detect Technologies CEO and Co-Founder.

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