# Opteran: Information technology & services, Sheffield, United Kingdom

> Opteran: Opteran is a UK-based autonomy software company that specializes in creating Natural Intelligence by reverse-engineering the brains of insects and...

Source: https://millionrounds.com/startup/opteran (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Information technology & services startup](https://millionrounds.com/companies)

# Opteran

Opteran is a UK-based autonomy software company that specializes in creating Natural Intelligence by reverse-engineering the brains of insects and animals.

Funding reported Last round: Seed

Information technology & services Sheffield, United Kingdom

Company summary

- **Founded:** 2020 6 years old
- **Team:** 38 11 to 50 people
- **Funding reported:** 12.3M as listed, currency not stated
- **Last round:** Seed Jun 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Opteran has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Opteran

Opteran is a UK-based autonomy software company that specializes in creating Natural Intelligence by reverse-engineering the brains of insects and animals.

Founded in 2019 and headquartered in London, with an R&D lab in Sheffield and a US office in Boston, Opteran develops lightweight, ultra-low-power software for robots and drones. Their technology operates on edge vision without the need for data training or cloud infrastructure. The company's primary product is the Opteran Development Kit (ODK), which includes modules for panoramic vision, real-time optic flow calculation, and upcoming components for autonomous decision-making and simultaneous localization and mapping (SLAM). Opteran targets the B2B market, providing its AI technology to businesses in industrial robotics, autonomous vehicles, and consumer robotics. Their innovative approach leverages computational neuroscience to achieve efficient machine autonomy, enabling robots to navigate complex environments with minimal power consumption.

## What company datasets say Opteran raised

Funding, as reported

Reported in all **12.3M** in the source's currency

Rounds **3**

Last round **Seed**

Last round size **12M**

Last round date **Jun 2022**

Investors listed **7**

## Founders and team

From Opteran's own website: 2 founders, 4 on the team.

**Dr. Alex Cope** CTO and co-founder

**Professor James Marshall** Founder Science Officer

- **Dr. Alex Formstone** COO/CFO
- **Dr. Matt Watson** Chief Engineer
- **Rafferty Jackson** Non-Executive Director
- **Sean Mitchell** Chairman

## On a portfolio page

Investors who name them

- [Episode 1](https://millionrounds.com/fund/episode-1)

Each firm lists Opteran on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

collision avoidance algorithms manufacturing neuromorphic perception computational neuroscience behavioral robotics edge ai hardware information technology & services robust scene understanding insect neural algorithms autonomy on the edge localization sensorless localization behavioral algorithms brain algorithms biotechnology mechanical or industrial engineering

Built with from their website

Docker Google Tag Manager WordPress.org C++ Google Workspace Viewport Meta Emotion CookieYes Hubspot webpack

+8 more

AI Google Meet React NVIDIA MySQL Mobile Friendly Open Graph Amazon Route 53

- **Sector:** Information technology & services
- **Industry code:** NAICS 33661, 513210, SIC 3711, 7372
- **Region:** England
- **Revenue:** 1M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/opteran)

## Information technology & services in United Kingdom

Startups like it

- [**Wayve** London · founded 2017 *Raised*](https://millionrounds.com/company/wayve)
- [**CuspAI** Cambridge · founded 2024 *Raised*](https://millionrounds.com/company/cuspai)
- [**PhysicsX** London · founded 2019 *Raised*](https://millionrounds.com/company/physicsx)
- [**Synthesia** London · founded 2017 *Raised*](https://millionrounds.com/company/synthesia)
- [**Tessl** London · founded 2024 *Raised*](https://millionrounds.com/company/tessl)
- [**Fractile** London · founded 2022 *Raised*](https://millionrounds.com/company/fractile)
- [**Nothing** London · founded 2020 *Raised*](https://millionrounds.com/company/nothing)
- [**Behavox** London · founded 2014 *Raised*](https://millionrounds.com/company/behavox)

## Is this your company?

Add your raise, your deck and your story, and put Opteran in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)