WVV Capital, a venture capital firm founded as a joint partnership between Advocate Health, Foxconn, Johnson Controls International and Northwestern Mutual, has invested in Chicago startup Drift Net Inc.
The Series A extension will help the artificial intelligence security company, which uses visual sensors, threat sensors and thermal imaging to detect safety and health threats, expand the manufacturing and production of its KnowWhere Campus Safety System, which provides schools with real-time data on where occupants are throughout the building — vital information during a critical incident.
The new funding comes after Drift Net closed a $15.6 million Series A at the beginning of 2023.
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