Lumafield

Lumafield

Industrial CT scanning and AI inspection solutions

About

Lumafield offers advanced industrial CT scanning and AI-driven inspection solutions for the manufacturing sector. Its main products, the Neptune CT scanner and Voyager analysis software, allow clients to quickly scan products on the factory line, enabling engineers to detect internal defects. The AI engine, Atlas, analyzes scan data to provide insights that help improve manufacturing processes. Lumafield aims to enhance product quality and reduce costs while ensuring data security for its clients.

Company Stage

Series B

Employees

51-200

Industries

Industrial & Manufacturing, AI & Machine Learning

Total Funding

$75.4M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • The recent $35M Series B funding round provides Lumafield with significant capital to enhance its technology and expand its market presence.
  • The introduction of Atlas as an AI co-pilot for engineers can significantly streamline the problem-solving process, making Lumafield's tools indispensable in the manufacturing sector.
  • Rapid updates to the Neptune scanner, including a 300x increase in scan speed, demonstrate Lumafield's commitment to continuous innovation and improvement.

What critics are saying

  • The high-tech nature of Lumafield's products may limit its market to larger manufacturers with substantial budgets, potentially excluding smaller companies.
  • Rapid technological advancements in the field could lead to increased competition, requiring Lumafield to continuously innovate to maintain its edge.

What makes Lumafield unique

  • Lumafield's integration of AI-driven inspection with industrial CT scanning offers a unique combination that sets it apart from traditional quality control methods.
  • The Neptune scanner and Voyager software provide rapid, high-volume CT scans directly on the factory line, a capability not commonly found in competitors' offerings.
  • Achieving SOC2 Type I Compliance and working towards SOC2 Type II Compliance highlights Lumafield's commitment to data security, a critical factor for clients handling sensitive product information.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

24%

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