HyperSpectral Raises $8.5M Series A to Advance AI-Powered Spectral Intelligence
HyperSpectral is at the forefront of spectral intelligence, developing cutting-edge solutions to identify and analyze the composition of various substances.
Company Name: HyperSpectral
Location: Alexandria, VA
Sector: Technology, Spectral Intelligence
Funding Details: Raised $8.5M in Series A funding. The round was led by RRE Ventures and Kibo Ventures, with participation from Correlation Ventures, and GC&H Investments.
Purpose of Investment: To accelerate the development of its spectral intelligence technology, expand its team by hiring key talent, and enhance AI datasets through lab partnerships and extensive testing.
Leadership:
- CEO: Matt Theurer, Co-Founder
- Chief Medical Officer: Dr. Adam Saltman
- Chief Science Officer: Erik Avaniss-Aghajani
- COO: Lauren Stack, Co-Founder
- CIO: Vince Lubsey
- Chief Product Officer: Dr. Simi George
Product: HyperSpectral leverages a combination of spectroscopy, artificial intelligence, and machine learning to detect and recognize particle signatures. The company's technology is designed to provide real-time intelligence that enhances product safety in the agricultural and medical technology sectors, protecting people from invisible threats.
About Company: HyperSpectral is at the forefront of spectral intelligence, developing cutting-edge solutions to identify and analyze the composition of various substances. By integrating AI with spectroscopy, HyperSpectral aims to revolutionize how industries monitor and ensure the safety of their products.