Lumafield

Lumafield

An accessible X-ray CT platform that gives engineers better insights into product development and manufacturing. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
€127—191m (Dealroom.co estimates Sep 2022.)
Somerville Massachusetts (HQ)
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DateInvestorsAmountRound
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N/A

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$10.0m

Seed

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Seed
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N/A

Series A
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$32.5m

Series A
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$35.0m

Series B
Total Funding€70.5m

Recent News about Lumafield

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Lumafield is a cutting-edge startup that revolutionizes the manufacturing industry by providing advanced industrial CT (computed tomography) scanning and AI-driven inspection solutions. The company operates in the industrial and manufacturing sectors, serving clients such as engineers, product designers, and manufacturers who need to ensure the quality and reliability of their products.

Lumafield's core offering includes the Neptune industrial CT scanner and the Voyager analysis software. These tools allow clients to perform rapid, automated, and high-volume CT scans of their products directly on the factory line. This capability gives engineers "X-ray vision," enabling them to see inside their products and identify any defects or issues that could affect performance or safety.

The company's flagship AI engine, Atlas, leverages artificial intelligence to analyze scan data and provide actionable insights. This helps engineers solve manufacturing challenges more efficiently and design, build, and ship products faster. By using Atlas, clients can tap into a vast repository of engineering knowledge, making it easier to address complex manufacturing problems.

Lumafield's business model is based on providing these high-tech scanning and analysis services to its clients. The company generates revenue through the sale of its CT scanners and software, as well as through subscription-based access to its AI-driven analysis tools. This model ensures a steady stream of income while offering clients the flexibility to choose the services that best meet their needs.

In addition to its innovative technology, Lumafield is committed to data security and privacy. The company has achieved SOC2 Type I Compliance and is working towards SOC2 Type II Compliance, demonstrating its dedication to protecting customer data.

In summary, Lumafield is transforming the manufacturing industry with its advanced CT scanning and AI inspection solutions, helping clients improve product quality, reduce costs, and accelerate time-to-market.

Keywords: industrial CT scanning, AI inspection, manufacturing, engineering, product design, quality control, data security, rapid analysis, defect detection, innovation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.