Lumafield

Provides industrial CT scanning and AI inspection

Somerville, Massachusetts, United States

About Lumafield

Lumafield offers advanced industrial CT scanning and AI-driven inspection solutions for the manufacturing sector. Its main products, the Neptune CT scanner and Voyager analysis software, allow clients to quickly scan products on the factory line, enabling engineers to detect internal defects. The AI engine, Atlas, analyzes scan data to provide insights that help improve product quality and speed up production. Lumafield aims to enhance manufacturing efficiency while ensuring data security and privacy.

Somerville, MassachusettsHeadquarters
2019Year Founded
$75.4MTotal Funding
SERIES_BCompany Stage
Industrial & Manufacturing, AI & Machine LearningIndustries
51-200Employees

Benefits

Health Insurance
Company Equity
Stock Options
Wellness Program
401(k) Retirement Plan
401(k) Company Match
Parental Leave
Unlimited Paid Time Off
Commuter Benefits
Company Social Events

Risks

Emerging CT technologies from competitors threaten Lumafield's market share.
Rapid AI advancements may render current tools obsolete without updates.
Economic downturns could reduce demand for high-cost CT equipment.

Differentiation

Lumafield offers ultra-fast CT technology reducing inspection time by over 99%.
Atlas AI tool provides plain language solutions for complex manufacturing problems.
SOC2 compliance highlights Lumafield's commitment to data security and privacy.

Upsides

Rising demand for battery safety tools boosts Lumafield's market potential.
AI-driven manufacturing solutions are increasingly sought after for cost optimization.
Digital twins trend enhances product lifecycle management with CT scanning.

Funding

Total raised$75.39 M
Latest valuation$175.00 M
StageSERIES_B
SERIES A
3/31/2022
$32
$162.50 M
$10
$50.00 M