Hamburg-based deeptech startup Mu Ray has raised €7.1m to build technology that allows manufacturers to see inside dense industrial components, including 3D-printed rocket engines and turbines, to detect potentially dangerous defects. The funding round was led by HV Capital and Project A Ventures, with participation from Earlybird and other investors. The capital will be used to scale the company's proprietary imaging solution, which uses advanced X-ray technology to penetrate materials that are traditionally difficult to inspect.
Mu Ray's technology addresses a critical need in aerospace and energy sectors where undetected flaws in 3D-printed components can lead to catastrophic failures. The startup plans to expand its team and commercial partnerships with manufacturers across Europe and beyond.
Source: Sifted · Summarized by HeadlinesBriefing