--- title: CameraMatics raises up to €49M to take on Samsara description: Irish AI fleet-safety startup CameraMatics has raised up to €49M in a round led by Blume Equity, with participation from Ireland Strategic Investment Fund and... canonical: https://daily.dev/posts/cameramatics-raises-up-to-49m-to-take-on-samsara-zvz2liom8 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: CameraMatics raises up to €49M to take on Samsara | daily.dev og:description: Irish AI fleet-safety startup CameraMatics has raised up to €49M in a round led by Blume Equity, with participation from Ireland Strategic Investment Fund and... og:url: https://daily.dev/posts/cameramatics-raises-up-to-49m-to-take-on-samsara-zvz2liom8 og:image: https://api.daily.dev/og/posts/ZvZ2lIoM8.png og:image:alt: CameraMatics raises up to €49M to take on Samsara og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # CameraMatics raises up to €49M to take on Samsara **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary Irish AI fleet-safety startup CameraMatics has raised up to €49M in a round led by Blume Equity, with participation from Ireland Strategic Investment Fund and AIB. Founded in Dublin in 2016, the company makes a video-telematics platform that uses AI to detect road hazards, driver fatigue, and compliance issues in real time for commercial fleets. With nearly 1,000 fleet customers including Royal Mail and XPO, and €30M in contracted recurring revenue projected for this year, the company plans to expand in North America and Europe, competing against US giants Samsara ($1.9B ARR) and Lytx. The funding is partly driven by new EU and UK road-safety regulations making connected cameras mandatory for commercial fleets. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [AI is turning connected cars into pothole-finding machines](https://daily.dev/posts/ai-is-turning-connected-cars-into-pothole-finding-machines-pbixgp1fq) · TechCrunch · 0 upvotes · 0 comments - [Potholes cost cities millions. 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