Lumafield announces $35M Series B funding round for its industrial X-ray CT platforms

September 12, 2022

Lumafield technology can be used to see within threads and channels (left) or the details of lattice structures (right) of additively manufactured parts. The above part is from a case study between Lumafield and rms Company (Courtesy Lumafield)
Lumafield technology can be used to see within threads and channels (left) or the details of lattice structures (right) of additively manufactured parts. The above part is from a case study between Lumafield and rms Company (Courtesy Lumafield)

X-ray CT technology developer Lumafield, Cambridge, Massachusetts, USA, announced that it has closed a $35 million Series B funding round from new and existing investors, achieved a major new AI-driven performance breakthrough, and appointed two executives to its board of directors. To date, the company has raised a total of $67.5 million.

When Lumafield emerged in April 2022, it offered what it called the world’s first accessible industrial X-ray CT platform for a more affordable price than legacy systems. Now, the company has reputedly made its Neptune scanner over 300X faster, enabling scaling from one-off scans to serial inspection in high-volume manufacturing operations.

Behind the speed increase is a development in artificial intelligence. CT scanners work by capturing a series of two-dimensional X-ray images from different angles, then reconstructing them into a 3D model using software. Lumafield’s AI allows the company’s reconstruction process to achieve the same results with fewer two-dimensional X-ray images, reducing the time required to run a scan.

New improvements in Lumafield’s software also make it possible to skip certain steps in the reconstruction process before performing automated analysis, thus reducing process time. As a result, scans that previously took several hours are said to now run in a minute or less, making industrial CT a practical technology for quality assurance on factory floors. Combined with factory automation systems, Lumafield’s scanner and software can inspect products at high volume, automatically flagging problems such as dimensional inaccuracies and the presence of pores and cracks.

“Industrial CT has been out of reach for most production lines – until now,” stated Eduardo Torrealba, co-founder and CEO, Lumafield. “With these speed improvements and Lumafield’s low price point, it’s now possible to implement 100% inspection with CT, catching invisible issues before they become costly problems.”

Lumafield also announced the appointment of Victoria Holt and Santo Politi to the company’s board of directors. Holt was previously CEO of Protolabs and is a member of the boards of directors of Waste Management, A.O. Smith, and Piper Sandler. Politi is the founder and General Partner of Series B funding leader Spark Capital, where his investments have also included Oculus, Twitter, Wayfair, and Plaid.

“The manufacturing world is changing dramatically,” added Holt. “Manufacturers are confronted with an increasingly competitive marketplace, radical shifts in supply chains, and ever-higher customer expectations. My experience leading Protolabs gives me an appreciation for the positive impact technology can have on manufacturing. Lumafield offers a technology, a team, and a perspective that promise to reshape the way products are made. I’m very excited to work with Lumafield to realise its vision.

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Phoenix Sintered Metals: A story of transformation, growth and community from America’s PM heartland
  • World PM2024 Yokohama: The stage is set for the PM industry to find a path to sustainable growth
  • The state of Europe’s hard magnets industry and the challenge of optimising the mass production of Nd2Fe14B permanent magnets

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link