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CronAI Investment Opportunity

CronAI Investment Opportunity

Quick Stats

💰 Raising: $15M

🎯 Minimum Investment: $100K

Why Invest Now

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The Problem CronAI Solves

Traditional perception systems, which struggle with high latency, poor reliability, and fragmented data processing, hold back urban infrastructure and autonomous systems. Current solutions require extensive data annotation, suffer in adverse conditions, and can't deliver the real-time processing needed for smart infrastructure and industrial automation.

Market size: $14.8B TAM, with $1.1B SAM and $444M SOM

How CronAI Solves the Problem

The senseEDGE platform combines edge computing with advanced deep learning for superior 3D perception, enabling real-time processing with <10ms latency and up to 250m range detection. The platform's proprietary FLIP and DARWIN algorithms overcome traditional challenges in data scarcity and environmental variability, while its edge-first design specifically addresses latency and computational demands. This makes it ideal for real-time applications in urban infrastructure and industrial automation, with privacy-preserving architecture that processes data locally and delivers robust object detection, classification, and tracking capabilities.

Traction

Multiple State DoT Wins
Over 100 live deployments across Florida, Utah, North Carolina, Tennessee, Kentucky, Michigan and Pennsylvania through established distribution and systems integrator network.

UK Highway Authority Partnership
Selected as the only LiDAR perception-based technology stack for deployment, CronAI's leadership in advanced perception systems is reinforced.

Growing Enterprise Adoption
Winning high-impact projects, including a successful deployment on the Kashmir Railway, demonstrating system reliability in challenging environments.

Leadership Team

Tushar Chhabra

Robert De Temple

Brian Fahy

Venky Lakshminarayanan

Safer Deal Terms

Click here to learn more about Safer.

Use of Funds
30% - Manufacturing and Cost Optimization
28% - R&D and Product Development
25% - Market Expansion and U.S. Presence
10% - Talent Acquisition
7% - Customer Success and Partnerships

Key Financials

Key Documents for Next Wave Subscribers

• 📄 Venture Memo
• 📜 Pitch Deck
• 📊 Financial Model
• ⚖️ Deal Terms

Next Steps

  1. Review Detailed Materials
  2. Schedule a Call with the Team
  3. Make Your Investment

Backed by Next Wave Partners

Next Wave Partners has been an investor and strategic advisor to CronAI for over a year, supporting the company's growth and expansion initiatives. CronAI aligns perfectly with Next Wave's investment thesis of backing transformative technologies that enable intelligent infrastructure and enhance public safety. The company's innovative approach to 3D perception, combined with its focus on edge computing and scalable deployment models, represents the kind of breakthrough technology that can accelerate the development of smarter, safer cities.

This investment opportunity is available to accredited investors only. Past performance does not guarantee future results. Investment involves substantial risk of loss.

Access this Opportunity

This opportunity is open to accredited investors.

This website contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements that are not historical facts and may be identified by words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "will," "would" and similar expressions. These forward-looking statements are based on current expectations, estimates, and projections about our industry, management's beliefs, and certain assumptions made by management, all of which are subject to change. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from those projected. You should not place undue reliance on these statements, which speak only as of the date that they were made.

Rule 506(c) Offering

Next Wave is conducting an offering of securities under Rule 506(c) of Regulation D promulgated by the Securities and Exchange Commission under the Securities Act of 1933, as amended (the "Securities Act"). Under Rule 506(c), general solicitation and general advertising that meets the requirements of Rule 502(c) may be used in connection with the offering.

Accredited Investor Requirement

Participation in this offering is limited to investors who qualify as "accredited investors" as defined in Rule 501(a) of Regulation D under the Securities Act. Prior to any sale of securities, Next Wave will take reasonable steps to verify that all investors are accredited investors. Potential investors will be required to provide documentation or certification of their status as accredited investors.

The information provided on this website does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers will be made only through confidential offering documents delivered to suitable, verified accredited investors and in accordance with applicable law.

Investing in private placements involves a high degree of risk and is suitable only for sophisticated investors who can bear the economic risk of the loss of their entire investment and who have limited need for liquidity in their investment. There can be no assurance that Next Wave will be able to implement its investment strategy or achieve its investment objectives.