Kassel-based Twinsity secures €2.5 million from EIC Accelerator to upscale AI-based infrastructure inspection

Twinsity, a leading deeptech startup specialising in AI-based infrastructure inspection, announced it has secured a €2.5 million funding round from the European Innovation Council Accelerator (EIC). “We are incredibly honoured to receive this funding from the European Innovation Council Accelerator, as it reflects the immense potential of our AI-based automated inspection platform”, said Fabien Chalas, Founder and CEO of Twinsity. By harnessing the power of artificial intelligence and machine learning, Twinsity’s Twinspect platform increases operational safety and efficiency, providing its customers with unparalleled insights and proactive maintenance solutions. This funding initiative, provided by the European Union, combines financial assistance and support services to empower companies to take risks, develop pioneering technologies and contribute to a sustainable economy. Theo Woik, Managing Partner of C3 Venture Capital, Twinsity’s first institutional investor, says: ”We were convinced from the beginning that Twinspect would be able to automate most of the work associated with large-scale infrastructure inspections.