Singapore Startup Converts Old Security Cameras Into Global Industrial Safety AI

Tin Men Capital leads US$7.4M Series A for vision AI startup Ailytics to expand across APAC, US and Gulf

A Singapore startup converting ordinary factory cameras into real-time safety monitors just secured $7.4 million to push deeper into global heavy industry. Ailytics, founded in 2019, now counts more than 400 active deployments across 15 countries after starting with just 70 projects in four markets.

The Series A round drew participation from Japan’s Safie, the nation’s largest cloud camera provider, alongside Singapore’s SG Growth Capital. Lead investor Tin Men Capital previously backed the company’s $2.7 million pre-Series A in April 2024.

The stakes couldn’t be higher. Nearly three million workers globally die annually from job-related accidents and illnesses. Construction, manufacturing, and marine sectors account for 63 percent of fatal occupational injuries worldwide. In Singapore alone, those three industries represented over half of all workplace deaths in 2025.

Ailytics launched on Housing and Development Board projects and JTC sites, working with contractors like Woh Hup, Obayashi, and Soilbuild. The platform now monitors NatSteel facilities, PaxOcean’s Indonesian shipyard, DHL operations, and Rome’s Leonardo da Vinci International Airport. At the Changi Airport Terminal 5 construction site, more than 1,000 cameras run on Ailytics software.

Most industrial sites already have cameras installed. The problem: footage typically gets reviewed only after something goes wrong. Ailytics flips that model, analyzing feeds in real time to flag hazards before incidents occur.

The company’s proprietary platform, Ailyssa, extracts three-dimensional spatial data from standard two-dimensional video. A newer contextual reasoning engine, AilyssaX, verifies multi-step procedures and processes complex scenes instantly. Five years of field data helps the system function despite rain, dust, poor lighting, and aging equipment.

The firm has detected over 5.7 million hazards and monitored 500 million square metres of active worksites spanning the US, Australia, the Netherlands, Hong Kong, Japan, the UAE, and Saudi Arabia.

Co-founder and CEO Lenard Tan said the funding puts local teams on the ground in America, Japan, Australia, and the Gulf region. In the US, Ailytics targets mid-sized industrial firms priced out by incumbent vendors.

A memorandum of understanding signed with Safie in April 2026, witnessed by Enterprise Singapore and the Tokyo Metropolitan Government, extends the partnership further. Safie supplies 29 of Japan’s 30 largest construction companies.

Tin Men Capital managing partner Jeremy Tan cited client churn below 1 percent and strong unit economics as key factors behind the investment. The startup’s access to proprietary operational data, he noted, creates a defensible position that generic AI models cannot easily replicate.