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Today: July 14, 2024
July 1, 2024
1 min read

SprayVision Secures Series A Funding

TLDR:

  • SprayVision, a Czech Republic-based company specializing in paint coating operations, raised Series A funding led by Momenta and J&T Ventures.
  • The funding will be used to accelerate operations and expand into North America and penetrate the European Automotive market.

SprayVision, a company based in Ostrava, Czech Republic, has successfully raised an undisclosed amount in Series A funding. The funding round was led by Momenta, with participation from J&T Ventures. The company, led by CEO Petr Jahn, focuses on process control and simulation of paint coating operations. Their solutions aim to digitalize, automate, simulate, and analyze spray patterns, assisting paint lines with process control, wet paint thickness measurement, and optimal parameter settings. Petr Jahn expressed excitement about the partnership with Momenta, emphasizing their understanding of the industrial customers and their pain points. The funding will be used to accelerate operations, with plans to expand into North America and fully penetrate the European Automotive market. SprayVision is confident that there is still much work to be done in their mission to create an industrial impact through innovative process control and simulation technologies.

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