coatingAI logo — AI based automation for the coating industry - advanced comp...

coatingAI

AI based automation for the coating industry - advanced computer vision and machine learning technologies

Founded 2021 Switzerland Winterthur, Switzerland 13 employees Seed Total: $610.00K AI, Automation +1

General Information

Company Name coatingAI
Founded Year 2021
Location Switzerland Winterthur, Switzerland
Employees 13
Industries AI, Automation, Manufacturing
Funding Stage Seed
Social

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About coatingAI

coatingAI is a Switzerland based startup that offers AI-based automation for the coating industry, utilizing advanced computer vision and machine learning technologies. With a focus on leveraging the power of artificial intelligence to automate coating processes, the company aims to enhance efficiency, quality, and reduce environmental impact. Their solution is an automation algorithm for coating lines, incorporating long-standing Multiphysics research and utilizing 3D computer vision and machine learning technologies to derive process optimizations.

The incorporation of 3D computer vision and machine learning brings several benefits, including improved process stability, cost savings, and a reduction in carbon footprints. Operating on a B2B SAAS model, coatingAI aims to quickly expand its customer base within the powder-coating market while selling directly to coating line manufacturers and integrating the AI into their production lines. The company also involves 3rd party coating thickness measurement devices to validate predictions and models.

Founded in 2021, coatingAI has recently secured a $610.00K Seed Round investment on 01 May 2022 from Serpentine VC, Aare Ventures, and SICTIC. The founders, Marlon Boldrini (CEO) and Malcolm Werchota (CMO), bring a combined 16 years of experience in research in areas of multiphysics simulation, machine learning, and industry experience in the oil & gas sector in marketing, sales, and business development, positioning the startup for success in the manufacturing industry.

Business keywords: AI-based automation, coating industry, computer vision, process optimization, cost savings, environmental sustainability, B2B SaaS, industrial solutions, powder-coating market, founders, software engineering, multiphysics simulation, oil & gas sector

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $610.00K 3
Serpentine VC, Aare Ventures +1
01 May 2022
Venture Round Undisclosed 1
Serpentine VC
01 Jan 2021

coatingAI Alternatives & Competitors

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Handddle
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PERFORMANCE UNDER PRESSURE

36 employees
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FAQ About coatingAI

AI based automation for the coating industry - advanced computer vision and machine learning technologies
coatingAI was founded in 2021.
coatingAI is headquartered in Winterthur, Switzerland.
coatingAI operates in AI, Automation and Manufacturing. Its work centres on AI-based automation, coating industry, computer vision and process optimization.
coatingAI has approximately 13 employees.
coatingAI has completed 2 funding rounds, raising a total of $610.00K. The latest funding stage is Seed.
Top alternatives and competitors to coatingAI include RapiD Engineering, Handddle, INOX Industries Inc., Firmes Automation, Visiomex. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
coatingAI and RapiD Engineering are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for coatingAI, https://bouncewatch.com/company/coatingai, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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