ISAI Backs Offroad with €1.5M to Innovate Road Management
Deal News | Jan 28, 2025 | ISAI SC
ISAI, along with Axeleo Capital and Ring Capital, has invested €1.5 million in Offroad, a startup specializing in optimizing road infrastructure management. Founded in 2020, Offroad has developed the 'BrainKit' technology, which uses 3D digitization and AI for data processing to provide detailed road inventories and ensure compliance with safety standards. Offroad's innovation offers communities a comprehensive overview of their road conditions, thus preventing excessive maintenance costs and optimizing road management. The startup has already partnered with several public entities and private actors. With this funding, Offroad aims to enhance its technical and commercial teams, increase 'BrainKit' production, and expand its development. The investment from ISAI, Axeleo Capital, and Ring Capital aligns with their focus on startups that are transforming industries and addressing environmental and social challenges. Each investor brings unique sector expertise to support Offroad's growth plans.
Sectors
- Technology
- Infrastructure
- Private Equity & Venture Capital
Geography
- France – The article highlights Offroad and its French investors, ISAI, Axeleo Capital, and Ring Capital.
Industry
- Technology – Relevant due to Offroad's development of 3D digitization and AI technologies for infrastructure management.
- Infrastructure – Involves the optimization and management of road infrastructure, which is the main focus of Offroad's services.
- Private Equity & Venture Capital – Reflects the involvement of investment firms ISAI, Axeleo Capital, and Ring Capital in financing Offroad.
Financials
- €1.5 million – The amount invested in Offroad by ISAI, Axeleo Capital, and Ring Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Offroad | Target Company | Company | A startup specializing in innovative road infrastructure management via 3D digitization and AI. |
| ISAI | Investor | Company | A French venture capital firm investing in tech startups, particularly in sectors transforming construction and real estate. |
| Axeleo Capital | Investor | Company | A venture capital firm focused on Proptech, Contech, and energy startups. |
| Ring Capital | Investor | Company | An impact investment firm supporting startups with environmental and social solutions. |