AutoFill, a Dutch deep tech company specialising in inspection workflow processes for the automotive and rail industries, has secured EUR2.6 million in pre-series A funding.
The round was led by Innovation Industries, with participation from Deeptech Labs, an accelerator initiated by Arm and The University of Cambridge, among others. Rick Belluzzo, former COO of Microsoft, and Bram Schot, former CEO of Audi – both of whom joined the AutoFill Board of Advisors earlier this year – also participated in the round.
Currently, most object inspections in the automotive and rail sectors are performed by humans. Existing automated solutions, meanwhile, are costly and require substantial space and infrastructure to function. AutoFill has pioneered a solution which combines vision technology with multi-sensor data fusion to identify anomalies and increase the accuracy of quality standards.
Designed to be as agile as possible, AutoFill’s solution can be incorporated seamlessly into existing operational processes, ensuring further efficiencies, objective reporting, increased safety, and cost savings. All of this modernises, optimises and enhances quality control at scale.
Read more on PrivateEquityWire.co.uk