Ailytics raises $7.4m to turn old site cameras into safety AI

Ailytics raises $7.4m to turn old site cameras into safety AI

26 October 2026: Ailytics, a Singapore company whose software watches existing CCTV feeds on construction sites, shipyards and plants for safety breaches, says it has raised US$7.4 million in an oversubscribed Series A led by Tin Men Capital. SG Growth Capital (SEEDS) and Safie, which Ailytics describes as Japan's largest cloud camera company, took part alongside an unnamed large Japanese construction company, family offices and returning investors.

Not yet independently verified. The amount, investors and traction figures come from Ailytics' own announcement. The release gives two founding dates, 2019 as a research project and 2021 as a company, and does not name the Japanese construction company that invested. We will update this when it can be confirmed, and remove this note.

It is the second time Tin Men has led. The firm also led a US$2.7 million pre-Series A in April 2024, when Ailytics says it had 70 projects in four countries; it now claims more than 400 deployments in 15.

Software on cameras sites already own

Ailytics sells no cameras. Its platform, Ailyssa, applies computer vision and vision language model techniques to the CCTV a site already has, flagging missing protective equipment, entries into exclusion zones and near misses as they happen. The company says Ailyssa derives three-dimensional spatial understanding from a single two-dimensional feed. In June it added AilyssaX, a reasoning engine that follows scenes in motion and checks multi-step procedures, which it says was trained by years of live use through rain, dust, poor light and decades-old cameras.

Its marketing claims sites go live in under two weeks. Customers, by the company's account, report a 73 per cent fall in total recordable incident rate and 84 per cent fewer safety non-compliances, and its systems have flagged more than 5.7 million hazards across more than 500 million square metres of worksites.

From HDB sites to Changi Terminal 5

The company began in 2019 as a joint research project between the National University of Singapore and the Housing and Development Board, and its release dates the company itself to 2021, founded by Lenard Tan (CEO) and Prateek Manocha (CTO). Its first customers were HDB projects and contractors including Woh Hup, Obayashi and Soilbuild. It now names NatSteel, the PaxOcean shipyard in Indonesia, DHL, Rome's Leonardo da Vinci airport and more than 1,000 cameras on the Changi Airport Terminal 5 build.

"In the US we intend to win the mid-sized industrial companies that incumbents have priced out," Tan said.

Japan through Safie, and new industries

The money pays for local teams in the US, Japan, Australia and the Gulf, for domain-specific models of its own, and for a move into manufacturing, logistics, oil and gas, maritime and mining. Manocha said the round lets Ailytics "keep the cost of running AI low as demand grows".

Japan is the clearest bet. Ailytics signed a memorandum of understanding with Safie in April 2026, witnessed by Enterprise Singapore and the Tokyo Metropolitan Government, and Safie supplies 29 of Japan's 30 largest construction companies. Tin Men says Ailytics keeps client churn below 1 per cent. "We definitely want to be right behind the team as it scales globally," said Jeremy Tan, co-founder and managing partner of Tin Men Capital, a Singapore firm that writes Series A cheques of US$2 to 4 million.

Our safety management software category lists 18 products; Ailytics and the rivals it names in its own comparisons, such as Intenseye and viAct, are not yet among our listings.

Company profile on TrustList: Ailytics

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• Mach9 raises $34m Series A to turn road scans into engineering drawings
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• PataBid raises $2m pre-seed for AI estimating aimed at trade contractors

Sources

• Ailytics: Tin Men Capital leads US$7.4M Series A for vision AI startup Ailytics to expand across APAC, US and Gulf, 26 October 2026
• e27: Ailytics bags US$7.4M Series A to make old CCTV cameras earn their keep, 26 October 2026