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Today: October 3, 2024
June 6, 2024
1 min read

HyperSpectral Secures $85M in Series A Fundraising Round


TLDR:

  • HyperSpectral, an AI-powered spectral intelligence company based in Alexandria, VA, raised $8.5M in Series A funding.
  • The funding round was led by RRE Ventures and Kibo Ventures, with participation from Correlation Ventures and GC&H Investments.

HyperSpectral combines spectroscopy, AI, and machine learning to detect and recognize particle signatures, with a focus on providing real-time intelligence for agricultural and medical technology companies.

The company plans to use the funds to ramp up technology development, hire key talent, and create wider AI datasets through lab partnerships and testing. The HyperSpectral team is led by a group of experienced professionals in various roles.


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