Fundraising Fox

Aquifi

Defunct

Palo Alto, US · Founded 2011 · Delaware corporation · 5 employees on LinkedIn · 2 known investors

Aquifi was a Palo Alto industrial-computer-vision startup that combined proprietary RGB-D/stereo sensing, 3D reconstruction and machine learning to automate logistics dimensioning, counting, identification and manufacturing inspection.

Also known as Aquifi, Inc. · Imimtek

Founders & leadership

Aquifi was founded in 2011 by Nazim Kareemi and Abbas Rafii.

NK
Nazim KareemiCo-founder and Executive ChairmanSerial 3D-software and sensing entrepreneur; co-founded Canesta and Mixamo before Aquifi.
AR
Abbas RafiiCo-founder and Chief Technology OfficerComputer-vision and 3D-sensing inventor associated with dozens of patents.
JT
Jason TrachewskyinChief Executive OfficerFormer Aquifi CEO and engineering executive; later VP Engineering at Pleno and CPO at Ubilite.

Board

BDBruce Dunlevie
Bruce DunlevieinBoard directorBenchmark co-founder, long-duration board investor and CarbonDrop chief executive
RC
Rongjun CaiBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$31.7M disclosed across 4 rounds · 2012–2017

$16.1MraisedOct 2017 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Greg WilliamsDirector
  • Nazim KareemiExecutive Officer, Director, Promoter
  • Jason TrachewskyExecutive Officer, Promoter
  • Bruce DunlevieDirector
Offering amount
$16.1M
Amount sold
$16.1M
First sale
Oct 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$11.6MraisedMay 2015 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Bruce DunlevieDirector
  • Nazim KareemiExecutive Officer, Director, Promoter
  • Abbas RafiiExecutive Officer, Promoter
  • Rongjun CaiDirector
Offering amount
$12.9M
Amount sold
$11.6M
First sale
May 2015
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.1MraisedMar 2012 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Nazim KareemiExecutive Officer, Director, Promoter
  • Abbas RafiiExecutive Officer, Promoter
  • Bruce DunlevieDirector
Offering amount
$4.1M
Amount sold
$4.1M
First sale
Mar 2012
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06
Full filing on SEC EDGAR ↗
$152raisedMar 2012 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Abbas RafiiExecutive Officer, Director, Promoter
  • Nazim KareemiExecutive Officer, Director, Promoter
Offering amount
$152
Amount sold
$152
First sale
Mar 2012
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Aquifi emerged from the 3D-sensing lineage of Canesta, which Microsoft acquired in 2010. Canesta veterans Nazim Kareemi and Abbas Rafii incorporated the business under the working name Imimtek in 2011 and publicly launched Aquifi and its Fluid Experience software in April 2014. The earliest product used ordinary cameras for gesture and three-dimensional perception, then the company focused on industrial deployments where 3D data could replace manual measurement and visual checking. Its later stack paired an RGB-D/stereo sensor with reconstruction and deep-learning software for logistics and manufacturing. SEC Form D records show four equity filings from 2012 through 2017 totaling about $31.72 million in reported proceeds, while contemporaneous press described $9 million of seed funding and a $16.1 million 2017 equity sale. Benchmark and DAG Ventures are the best-supported institutional backers; secondary sources also name IQT and Plug and Play-related entities. Jason Trachewsky later led the company as CEO. Aquifi's website is no longer an active commercial presence, its leaders moved to other companies and current databases classify it as closed/deadpooled; no acquisition or formal wind-down announcement was identified.

Founding story

Kareemi and Rafii had helped build Canesta, a pioneering time-of-flight 3D-sensing company acquired by Microsoft. They carried that experience into a new venture initially called Imimtek. Aquifi's 2014 launch reframed 3D perception as a software-led, camera-agnostic 'fluid' interface; the team later followed the stronger industrial value proposition in logistics measurement and manufacturing inspection.

Business model

Enterprise industrial-automation systems combining sensor hardware, proprietary computer-vision/AI software, systems integration and support. Likely sold through direct pilots and production deployments rather than self-serve software.

Undisclosed private-company economics; likely upfront hardware and deployment revenue plus software licenses, maintenance and services. No reliable price list, revenue, gross-margin or recurring-revenue disclosure was found.

Traction

Historically employed roughly 11-50 people and built an identifiable patent portfolio. A 2017 report described a $16.1 million equity sale after $9 million of seed capital. No named customer base, revenue, shipment volume or deployed-site count was found in accessible primary material.

Latest developments

No current product, hiring or corporate activity was located. A May 2025 Ubilite announcement describes former Aquifi CEO Jason Trachewsky as having most recently worked at Pleno, confirming that his Aquifi leadership is historical. Current company databases and the inactive domain support an inactive/closed classification, but the exact wind-down date and asset disposition remain unknown.

Full profile — market position, technology, go-to-market, geography, history, ownership, risks & controversies

Market position

A small, venture-backed 3D-vision specialist competing with Cognex, Keyence, Intel/RealSense, pmdtechnologies, SoftKinetic, Photoneo, Basler and custom machine-vision integrators. It did not achieve a visible independent commercial scale and is now inactive.

The company sought accurate 3D perception on inexpensive or commodity imaging hardware, then packaged the sensor, reconstruction and AI layers as a complete industrial solution. Rich depth data was intended to reduce labeled-training requirements relative to 2D-only inspection.

Technology

Aquifi combined synchronized cameras, active illumination and stereo/RGB-D depth capture with calibration, multi-view point clouds, 3D mesh reconstruction and convolutional neural networks. Patents cover high-dynamic-range depth capture, portable active 3D scanning, object identification, automatic metadata generation and related reconstruction workflows. Later systems generated full-color 3D models in seconds and classified objects using geometry, color and texture.

Go-to-market

Technical enterprise sales built around demonstrations, pilots and integration into production lines or logistics stations. The company showed vision systems publicly and positioned them around measurable throughput and accuracy improvements.

Warehouses, parcel and logistics operators, manufacturers, quality-control teams, industrial automation integrators and device makers requiring low-cost 3D perception.

Logistics and fulfillment; manufacturing inspection; robotics and industrial automation; earlier consumer-device and IoT gesture-interface developers.

Geography

Headquartered at 2225 East Bayshore Road, Suite 110, Palo Alto/East Palo Alto, California. Public materials describe a US-focused private company; patents include an international inventor and filing footprint.

History

Founded in 2011 as Imimtek/Aquifi by Nazim Kareemi and Abbas Rafii. SEC filings record equity activity in March 2012, May 2015 and October 2017. Aquifi launched Fluid Experience in April 2014, initially targeting gesture interfaces and 3D perception on ordinary cameras. The product strategy moved toward proprietary RGB-D sensing, deep learning, logistics and manufacturing. Jason Trachewsky, a former Passif Semiconductor co-founder and Broadcom Fellow, became CEO. Patent activity continued into 2019-2020. Kareemi's listed Aquifi tenure ended in 2019; Trachewsky later joined Pleno and in 2025 Ubilite. By 2026 the business is classified as closed/deadpooled and has no functioning commercial website.

Ownership

No active operating ownership or exit was identified. The last known shareholders included founders, employees and institutional investors led by Benchmark and DAG Ventures. The company appears to have wound down rather than being acquired; its patent assets remain assigned in public records to Aquifi, Inc. unless later transfers were not publicly indexed.

Risks & controversies

Industrial 3D vision is hardware- and integration-intensive, with long enterprise sales cycles, reliability demands and competition from much larger sensor/automation vendors. Aquifi disclosed little about customers or commercial scale and appears to have ceased operations. Funding totals conflict across databases because SEC Form D records, contemporaneous 'seed' reporting and cumulative-versus-incremental interpretations differ. No scandal or litigation was identified; the central risk is failed commercialization and an undocumented wind-down.

Compiled by commissioned research from 12 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
2017 equity saleOct 2017$16.1M
Current active employeesAug 20260 employees
HeadcountAug 20260
Historical employee rangeJan 202011-50
Press reported seed fundingOct 2017$9M
Sec reported equity proceeds totalOct 2017$31.7M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
Dec 2024
Aquifi becomes inactive

Approximate classification only: site and operations disappeared, executives moved on and current databases mark the company closed. Exact legal wind-down date is unknown.

source ↗

Oct 2017
Industrial logistics and manufacturing focus

Company positioned 3D vision around measurement, counting, identification and inspection.

source ↗

Oct 2017
Aquifi sells $16.1m of equity

Largest disclosed Form D financing and last identified capital event.

$16.1M source ↗

Apr 2014
Aquifi publicly launches Fluid Experience

Introduced software-based gesture and 3D perception on ordinary cameras.

source ↗

Jan 2011
Aquifi/Imimtek founded

Canesta veterans Kareemi and Rafii formed a new 3D-perception company.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 2

corporate structure
Aquifi, Inc.Delaware, US · inc. Jan 2011 · inactive or dissolved unknown
AquifiDelaware

In the news

Research sources · 12

primary sources listed

12 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Aquifi do?
Aquifi was a Palo Alto industrial-computer-vision startup that combined proprietary RGB-D/stereo sensing, 3D reconstruction and machine learning to automate logistics dimensioning, counting, identification and manufacturing inspection.
Who founded Aquifi?
Aquifi was founded by Nazim Kareemi, Abbas Rafii in 2011.
Who are Aquifi's investors?
Aquifi's investors include Dag Ventures, Benchmark.
How much funding has Aquifi raised?
Aquifi has disclosed $31.7M raised across 4 rounds.
Where is Aquifi headquartered?
Aquifi is headquartered in Palo Alto, US.