Ultraview has kicked off the year with a significant increase in product and engineering activities. This acceleration aims to enhance the platform’s maturity, preparing it for re-engagement with former customers and new prospects.

We have initiated a comprehensive rewrite and simplification of the several major portions of the former Rizse codebase. This strategic move is directed towards launching Ultraview version 1.0, envisioned to be a superior iteration of our platform.

Our efforts in investor outreach continue to yield positive results. We anticipate new financial commitments imminently, enabling us to significantly ramp up our operations across various domains, including product development, design, engineering, and research and development.

Customer

Blue Origin has agreed to some degree of a commercial contract to support our ongoing collaboration and discussions. This collaboration is set to culminate in a live demonstration and an onsite workshop scheduled for February.

Fundraising

Fundraising Goal for Seed $3M

We've held many conversations over Ultraviews fundraise and are in deeper diligence with several funds. We are raising a $3M seed raise now, and the round of 10% committed.

Series Seed Funding Objectives (Jan 2024 - March 2025)

Leadership Team Onboarding: Onboard full-time leadership team to drive product and business strategy execution.

Engineering Team Onboarding: Expand the engineering team to advance our technical roadmap.

This includes focusing on product development, technology integration, and addressing market demands.

Computer Vision Advancement: Invest in enhancing our computer vision capabilities, utilizing synthetic data to refine our algorithms and improve accuracy.

Early Access Program Implementation: Launch an Early Access Program with 3-4 initial customers.

The goal is to gather data on deployment timelines and conversion rates from pilot programs to full-scale contracts and to assess customer satisfaction and system reliability.

Ask

We are still looking for introductions to angels, Family offices, and Early-Stage VCs for our round that is currently open.

You can find Ultraview’s investor deck

here⁠

Thank you for coming on this journey with us here at Ultraview; your support will make this company successful. We need all of you to grow and scale this business, and I've listed a few items we could use your help with.

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