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  • Writer's pictureRESONIKS

RESONIKS oversubscribes seed round and successfully secures 2.65 million euros

THE HAGUE, 2. May 2024. In RESONIKS’ recently closed seed round, lead investor Kvanted is joined by Faber and EIT Manufacturing. Combined with European public funding, the industrial AI-powered startup successfully closes this round with a total investment of 2.65 million euros. 

Deep tech investor Faber sees RESONIKS as a perfect alignment with their investment ethos. “RESONIKS represents a prime example of our commitment to fostering impactful solutions in large industries through innovative deep tech”, said Carlos Silva, partner at Faber. He further noted, “RESONIKS’ AI-powered acoustic solution for quality control in the manufacturing industry actively translates this focus into action”. The backing of Faber brings substantial credibility to RESONIKS due to their significant track record leading early-stage investments in deep tech startups. 


RESONIKS has also found a vital partner with EIT Manufacturing thanks to their network approach: bringing together startups and top-tier industrial partners to accelerate sustainable innovation in Europe. EIT Manufacturing is co-funded by the European Union and will actively support RESONIKS with their access to new markets and customers services. 


"We look forward to actively supporting RESONIKS on this exciting journey of growth and innovation, and their mission to revolutionise quality control processes in the manufacturing sector. Our partnership with RESONIKS is in line with our commitment to fostering sustainable innovation and strengthening resilience in Europe's manufacturing industry" said, Kevin Lenehan, Director of Investments, EIT Manufacturing.  


This resonates well with RESONIKS’ operational footprint in Europe which is headquartered in the Dutch city of The Hague and its office in the city of Tampere. Their locations together with RESONIKS’ core value of innovation through continuous learning and customer feedback, has helped the startup to attract talent needed to grow their business. Since the first closing in November 2023, the diverse team has already grown from four to fourteen people, including the three founders. 


The fast-growing team has already demonstrated their outstanding ability to implement RESONIKS’ solutions, tailored to existing customers' manufacturing operations. RESONIKS’ solution is deployed across multiple factories in Europe, with a focus on Germany. In addition, the startup is set to launch their second product series in May 2024, adding a fully integrated In-Line system to their product portfolio. 


"We are thrilled by the overwhelming support received during this seed funding round," said Felix Wassmann, RESONIKS CEO. "The confidence our investors have expressed in our company, coupled with our expanding team and growing customer base, paves our way to make manual quality inspection a thing of the past." 


Founded in 2022, RESONIKS stands at the forefront of redefining quality control processes. Harnessing the power of acoustics and artificial intelligence, RESONIKS has pioneered an innovative solution that detects anomalies in metal components by resonating objects and analyzing their acoustic response. This automates monotonous and potentially hazardous inspections and addresses the global shortage of skilled labor, ensuring that products meet stringent quality standards. Focusing on key sectors such as automotive and maritime, RESONIKS identifies defects invisible to the human or machine eye, reducing waste, saving energy, and promoting sustainable metal recycling.  


Founded by Felix Wassmann (CEO), Fabian Oberndorfer (CTO), and Isaac Kargar (CIO), a team with over two decades of industry and startup experience, RESONIKS is revolutionising the non-destructive testing industry through the precision of acoustic analysis and intelligence of AI. 


About Faber 

Faber is a Lisbon-based VC firm that invests in teams transforming the world with technology. 

The firm combines a specialist focus on deep tech early-stage startups with thematic funds, dedicated investment teams, and expert advisors to actively help founders build global companies powered by frontier technologies. 


Investing since 2013 with a unique approach in Southern Europe, the firm has been an early investor in hard tech companies such as Unbabel, SWORD Health, Codacy or Smartex. 


About EIT Manufacturing 

EIT Manufacturing is a knowledge and innovation community, supported by the European Institute of Innovation and Technology (EIT), a body of the European Union. It is the largest innovation network for the manufacturing industry in Europe and invests in its strategic and sustainable development. By connecting startups, manufacturing companies, research organisations and universities in innovation ecosystems, EIT Manufacturing fosters the development of innovative technologies and the creation of globally competitive and sustainable manufacturing. 


About Kvanted 

Founded in 2023, Kvanted is an early-stage investor focusing on industrial technology. Founded and headquartered in Helsinki, Kvanted focuses on early-stage companies developing new software, hardware, and service solutions for the industrial sector with a mission to build a more sustainable future. With their first fund of €70 million, Kvanted is the first pure-play industrial technology investor in the Nordic region. The founding partners of Kvanted are Eerik Paasikivi, Maria Wasastjerna, and Axel Ahlström. 

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