The company, which develops industrial 3D imaging solutions for the aerospace, automotive, and other electronics industries, says the funding will be used to accelerate its growth as adoption of its elastomeric-based imaging system gains deeper traction with major aerospace customers around the globe. The Series B round was led by industrial technology-focused venture capital firm Anzu Partners.
"GelSight's handheld systems enable dramatic improvements to conventional inspection and quality processes," says Kimo Johnson, Chief Executive Officer of GelSight, "and we are seeing broader use among the world's leading aerospace and automobile manufacturers. We are excited to have the backing of Anzu Partners to help us take our commercialization and product development efforts to the next level, expanding into other major aircraft manufacturers and aircraft maintenance operations here in the United States and abroad."
The company's flagship device, GelSight Mobile, is a handheld instrument that precisely and repeatably visualizes and measures the 3D topography of any surface in seconds, revealing microscopic structures that are impossible to precisely assess in real time. The company's proprietary elastomeric sensor conforms to the surface topography of any material, including metals, composites, and glass to reveal the features of the surface regardless of ambient lighting conditions or material reflectivity.
The GelSight Mobile system gives instant visual feedback along with position, depth, and other surface measurements with high spatial resolution down to the micron level. Rolls-Royce, an early adopter of the technology, is actively deploying GelSight Mobile, validating critical aerospace applications.
In connection with the financing, the company also announced the addition of aviation executive David Hurley, US Navy Vice Admiral David Buss (Ret.), and US Air Force Lieutenant General Judith Fedder (Ret.) to its Board of Directors, as well as long-time company advisor Pierre Villeneuve, PhD.
Regarding these appointments, Dr. John Ho, GelSight Board Member and Partner at Anzu Partners says, "Mr. Hurley, Vice Admiral Buss, and Lieutenant General Fedder bring unmatched knowledge and experience in commercial