Interspectral
Navigare Ventures invests in Interspectral.
Interspectral has secured investment from Swedish industrial innovation and deep tech investor, Navigare Ventures. The SaaS provider, which specialises in AI-driven quality assurance and process monitoring, will utilise the investment to speed up the growth and development of its digital twin solutions. Said solutions aim to transform smart manufacturing and Industry 4.0, particularly within the metal additive manufacturing sector.
With the growing digitalisation trend in the manufacturing industry, digital twins are becoming more essential in the optimisation of production processes. Utilising visualisation and AI capabilities, Interspectral is aiming to fulfil this need by providing solutions that can review and automatically detect errors in manufactured parts. Users of these systems should experience improvements in precision, quality, and efficiency.
“We are delighted to partner with Interspectral as they continue to lead the way in AI-driven quality assurance and process monitoring for additive manufacturing,” said Salla Franzén, Investment Manager at Navigare Ventures. “Interspectral’s proficiency in developing advanced visualisation tools, AI-based algorithms for automatic error detection and efficient big data management are unparalleled. Together, we can accelerate the adoption of digital twins and revolutionise manufacturing on a global scale.” Franzén will also join Interspectral’s board of directors, offering his expertise on AI.
Interspectral’s CEO, Isabelle Hachette, added, “This investment is a major endorsement of our vision and technology. It will allow us to make significant strides in enhancing the accuracy, efficiency, and scalability of digital manufacturing. The infusion of capital will allow us to push the boundaries of what’s possible with AI and digital twin technology, with the enormous potential for our solutions to redefine manufacturing excellence in metal AM.”
As a result of securing this investment, Interspectral hopes to:
- Scale its operations.
- Expand the research and development (R&D) department.
- Promote AI-based technologies to the global market.
- Boost the adoption of digital twin solutions.
- Grow Industry 4.0.
- Enhance additive manufacturing capabilities.