Grilla
Grilla is a technology company.
Financial History
Grilla has raised $3.0M across 1 funding round.
Frequently Asked Questions
How much funding has Grilla raised?
Grilla has raised $3.0M in total across 1 funding round.
Grilla is a technology company.
Grilla has raised $3.0M across 1 funding round.
Grilla has raised $3.0M in total across 1 funding round.
Grilla has raised $3.0M in total across 1 funding round.
Grilla's investors include 01 Advisors, Afore Capital, Alumni Ventures, Backend Capital, Basecamp Fund, Flucas Ventures, Gradient Ventures, Infinite Niches, Moxxie Ventures, Prototype Capital, Scribble Ventures, Shrug Capital.
Gorilla Technology Group Inc. (NASDAQ: GRRR) is a global technology company specializing in AI-driven solutions for security intelligence, network intelligence, business intelligence, and Internet of Things (IoT) technologies.[1][2][3] It develops edge AI products including video analytics, cyber analytics, AI models, appliances, and SaaS platforms for smart cities, buildings, ports, railways, and roads, serving public and private sectors to enhance safety, efficiency, and operational insights.[1][2][4][5] The company solves challenges in security convergence, anomaly detection, predictive maintenance, and traffic management, with strong growth momentum evidenced by 220% revenue increase in H1 2024, a $1 billion sales pipeline, 29 patents, and operations generating nearly all revenue from Taiwan ($74.63M in FY2024).[2][5]
Headquartered in London, UK, with roots in Taipei, Taiwan, Gorilla employs 143 people and focuses on transformative Edge AI for smart infrastructure, positioning it as a leader in the AI-powered smart city revolution.[1][3][5]
Founded in 2001 in Taipei, Taiwan, Gorilla Technology started with a vision to become a global leader in video intelligence, IoT technologies, and cybersecurity.[3] The company evolved from core competencies in video analytics and network security into a comprehensive AI provider, leveraging machine learning and deep learning for big data applications across commercial, industrial, urban, and government sectors.[1][3] Key milestones include going public via IPO on NASDAQ (ticker: GRRR) on May 10, 2021, and expanding its patent portfolio to 29 granted globally, with applications in Taiwan, China, North America, the UK, Europe, and Australia.[2][4][5]
Under CEO Jayesh Chandan, Gorilla has grown its footprint to over seven countries, emphasizing ethical, secure AI solutions that drive business decisions in areas like healthcare, transportation, and retail.[1][2][3][4]
Gorilla rides the explosive growth of AI-driven smart city solutions, projected to reach an $11 trillion market by 2030, by providing predictive insights and network defense for urban and industrial challenges.[5] Its timing aligns with rising demands for secure IIoT (Industrial IoT) amid digital transformation, urbanization, and cybersecurity threats, particularly in Asia where 99.94% of its FY2024 revenue originates from Taiwan.[2][5] Market forces like government investments in smart infrastructure and the need for real-time analytics favor Gorilla's edge computing and convergence platforms, influencing the ecosystem by enabling safer, more efficient cities, ports, and buildings across public-private partnerships.[1][4][5]
Gorilla is poised for accelerated revenue growth through its $1B sales pipeline and expanding AI-IIoT deployments in smart environments.[5] Trends like ethical AI adoption, 5G-enabled IoT, and global smart city initiatives will shape its trajectory, potentially amplifying influence via new patents and regional expansions.[4][5] As urban complexities intensify, Gorilla's secure, transformative solutions position it to lead digital infrastructure evolution, building on its 22+ years of innovation to empower stakeholders worldwide.[3][5]
Grilla has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in January 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2023 | $3.0M Seed | 01 Advisors, Afore Capital, Alumni Ventures, Backend Capital, Basecamp Fund, Flucas Ventures, Gradient Ventures, Infinite Niches, Moxxie Ventures, Prototype Capital, Scribble Ventures, Shrug Capital, SignalFire, Sound Ventures, SV Angel, Tusk Venture Partners, Weekend Fund, Alper Kiresepi, Anna Patterson, Howard Charney, Kevin Weil, Moshe Lifschitz, Peter Hunn, Rudra Peram, Tyler Willis, Yagiz Sozmen, Zach Segal |