GigaScan Technologies Secures €2.1 Million Investment
GigaScan Technologies has announced a successful funding round, securing €2.1 million from Jet Investment. The London-based company specializes in providing advanced 3D inspection, precision metrology, and automated paint solutions for industrial manufacturing. Their technology is utilized in various sectors, including automotive, energy, and aerospace, and aims to enhance quality control in manufacturing processes.
Details of the Investment
The funding round, which was closed on August 24, 2026, was led by Jet Investment. Specific details about additional investors were not disclosed. The investment will primarily be used to expand GigaScan's development team, scale production capabilities, and enhance commercial activities. Additionally, the company plans to strengthen its patent portfolio and finance working capital.
Strategic Goals and Technology
GigaScan's technology is designed to provide high-accuracy quality control by creating detailed 3D digital models of complex industrial parts. This technology allows manufacturers to inspect parts directly on production lines, capturing geometry, color, and surface characteristics without the need for markers or controlled environments. The solution is particularly beneficial for industries dealing with wind turbine blades, marine propellers, automotive trim, and heavy foundry castings.
Leadership Insights
Patrik Folkesson, the founder of GigaScan, has been instrumental in developing the company's innovative solutions. Co-CEO Jessika Envall is also a key figure in steering the company's growth and strategic direction.
Use of Funds
The newly acquired funds will be directed towards several strategic initiatives:
- Team Expansion: Hiring additional talent to support research and development.
- Production Scaling: Enhancing the company's ability to meet growing demand by scaling production and supply capabilities.
- Commercial Growth: Increasing commercial activities to reach a broader market.
- Intellectual Property: Strengthening the patent portfolio to protect technological innovations.
Jet Investment's CEO, Kamil Levinský, noted the importance of GigaScan's proven track record in industrial operations, stating that the firm's ambition towards repeatable mass production aligns with Jet Investment's expertise.
GigaScan's commitment to advancing industrial manufacturing through precise and efficient inspection technology positions them for continued growth and innovation in the sector.