Seeking to revolutionise the inspection workflow process in the automotive and rail industries, Dutch deep tech firm Autofill has raised €2.6 million in pre-series A funding. The startup intends to use the investment to further advance its technical product offering, grow the engineering team, and bolster operational deployments at partner sites.
As AutoFill’s technology is rather complex, allow me to attempt to break this down as simply as possible. The current state of object inspection in the automotive and rail industries involves those error-prone, organic things referred to as human beings. Conversely, existing automated systems not only cost an arm and a leg, but are, shall we say, bulky at best, and require a tremendous amount of infrastructure to properly function.
What AutoFill has done is essentially miniaturise the entire mechanism through a combination of computer vision and multisensor data fusion to identify any anomalies in a manufactured product, thus increasing the accuracy of quality standards.
“AutoFill’s technology removes the limitations presented by human involvement, significantly raising safety and accuracy standards, and making huge financial savings for the enterprise,” explains CEO and co-founder Gideon Rickheimer. “We believe our solution will play an important role in accelerating a more efficient future initially for the automotive and rail industries and are extremely grateful to our investors for supporting us in this mission.”
The round was led by Innovation Industries, and saw participation from Deeptech Labs, and other undisclosed parties. Angel investors include Rick Belluzzo, former COO of Microsoft, and Bram Schot, former CEO of Audi.
“Following AutoFill’s completion of our powerful and highly coveted accelerator programme, we are delighted to demonstrate our commitment to the company through this funding round. AutoFill’s progress demonstrates the value of our role as a catalyst for deep tech success. We are excited to see the positive impact AutoFill’s technology can have on the automotive and rail industries as well as many other sectors,” concludes Deeptech Labs’ CEO Miles Kirby.