RESONIKS, an industrial AI-powered startup that detects anomalies by resonating objects and analyzing their acoustic response, announced it has raised €2.65 million. The seed round was led by Kvanted and joined by Faber and EIT Manufacturing.
Founded in 2022, RESONIKS stands at the forefront of redefining quality control processes. Harnessing the power of acoustics and artificial intelligence, RESONIKS has pioneered an innovative solution that detects anomalies in metal components by resonating objects and analyzing their acoustic response. This automates monotonous and potentially hazardous inspections and addresses the global shortage of skilled labor, ensuring that products meet stringent quality standards. Focusing on key sectors such as automotive and maritime, RESONIKS identifies defects invisible to the human or machine eye, reducing waste, saving energy, and promoting sustainable metal recycling.
Founded by Felix Wassmann (CEO), Fabian Oberndorfer (CTO), and Isaac Kargar (CIO), a team with over two decades of industry and startup experience, RESONIKS is revolutionising the non-destructive testing industry through the precision of acoustic analysis and intelligence of AI.
“We are thrilled by the overwhelming support received during this seed funding round,” said Felix Wassmann, RESONIKS CEO. “The confidence our investors have expressed in our company, coupled with our expanding team and growing customer base, paves our way to make manual quality inspection a thing of the past.”
Deep tech investor Faber sees RESONIKS as a perfect alignment with their investment ethos. “RESONIKS represents a prime example of our commitment to fostering impactful solutions in large industries through innovative deep tech,” added Carlos Silva, partner at Faber. “RESONIKS’ AI-powered acoustic solution for quality control in the manufacturing industry actively translates this focus into action”. The backing of Faber brings substantial credibility to RESONIKS due to their significant track record leading early-stage investments in deep tech startups.
RESONIKS has also found a vital partner with EIT Manufacturing thanks to its network approach: bringing together startups and top-tier industrial partners to accelerate sustainable innovation in Europe. EIT Manufacturing is co-funded by the European Union and will actively support RESONIKS with their access to new markets and customers services.
“We look forward to actively supporting RESONIKS on this exciting journey of growth and innovation, and their mission to revolutionise quality control processes in the manufacturing sector. Our partnership with RESONIKS is in line with our commitment to fostering sustainable innovation and strengthening resilience in Europe’s manufacturing industry,” commented Kevin Lenehan, Director of Investments, EIT Manufacturing.
This resonates well with RESONIKS’ operational footprint in Europe which is headquartered in the Dutch city of The Hague and its office in the city of Tampere. Their locations together with RESONIKS’ core value of innovation through continuous learning and customer feedback, has helped the startup to attract talent needed to grow their business. Since the first closing in November 2023, the diverse team has already grown from four to fourteen people, including the three founders.
The fast-growing team has already demonstrated their outstanding ability to implement RESONIKS’ solutions, tailored to existing customers’ manufacturing operations. RESONIKS’ solution is deployed across multiple factories in Europe, with a focus on Germany. In addition, the startup is set to launch their second product series in May 2024, adding a fully integrated In-Line system to their product portfolio.
Read the orginal article: https://www.eu-startups.com/2024/05/the-hague-based-resoniks-secures-e2-65-million-to-make-manual-quality-inspection-a-thing-of-the-past/
