Lumafield has secured $75 million in Series C funding to expand its industrial X-ray CT technology, attracting investors like IVP, G2 Venture Partners, and Wellington Management. The company is integrating high-speed, AI-powered CT scanning into manufacturing workflows, enabling real-time quality control across industries such as automotive, medical devices, and aerospace. With the addition of Bill Cronin as Head of Revenue, Lumafield is set to accelerate its market growth and adoption in large-scale production environments.
A Major Investment in the Future of Manufacturing
Lumafield has closed a $75 million Series C funding round, further solidifying its role in industrial X-ray CT scanning. The investment is led by IVP, with participation from new backers G2 Venture Partners and Wellington Management, alongside existing investors Spark Capital, DCVC, Kleiner Perkins, Lux Capital, and Matter Venture Partners.
This funding arrives at a time when global manufacturing faces supply chain challenges, driving companies to seek precision inspection technologies. Lumafield’s advancements in CT scanning enable manufacturers to enhance quality control, reducing defects and production failures. The new capital will accelerate the company’s growth, support product development, and expand its reach in industrial applications.
Why Manufacturers Bet Big on Industrial X-ray CT
Industrial sectors increasingly rely on X-ray CT technology to identify internal defects without damaging components. Lumafield’s scanning solutions provide manufacturers with a detailed view of their products, ensuring structural integrity and compliance with industry standards.
Key industries benefiting from this approach include:
- Automotive – Detecting defects in batteries and electronic components before they reach consumers.
- Medical Devices – Ensuring the reliability of life-critical products without destructive testing.
- Consumer Packaging – Optimizing material use while maintaining durability and safety standards.
- Aerospace – Identifying hidden weaknesses in high-performance parts.
As demand for higher-quality products grows, industrial X-ray CT is becoming an essential tool for manufacturers aiming to prevent recalls and failures.
Breaking Barriers in Factory-Ready Inspection
Traditional CT scanning has been confined to research labs, limiting its use in large-scale production. Lumafield is changing this by embedding CT inspection into factory workflows, allowing for real-time quality analysis.
The company’s core products include:
- Neptune – A user-friendly industrial X-ray CT scanner designed for engineers and quality labs.
- Voyager – Cloud-based software for processing CT data and managing quality control.
- Triton – A factory-integrated inspection platform capable of capturing high-resolution scans in as little as 0.1 seconds.
By reducing the time and cost associated with CT scanning, Lumafield is making the technology accessible to more manufacturers. This shift enables businesses to integrate non-destructive testing directly into production lines, minimizing defects before they reach consumers.
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Leadership Expansion to Drive Market Growth
Lumafield has appointed Bill Cronin as Head of Revenue to lead its market expansion. Cronin brings extensive experience in scaling technology companies, having previously served as Chief Revenue Officer at Xometry. Under his leadership, Xometry’s annual revenue grew from $2 million to over $450 million, culminating in a successful initial public offering.
His role at Lumafield focuses on broadening the adoption of industrial X-ray CT by working with manufacturers seeking to strengthen their quality control processes. His expertise in driving sales and business development is expected to accelerate Lumafield’s expansion into high-volume production environments.
What This Means for the Future of Industrial CT
The adoption of advanced inspection technologies is reshaping manufacturing. As industries prioritize precision and efficiency, Lumafield’s solutions position manufacturers to meet stricter quality demands while reducing production risks.
By embedding AI-powered CT scanning into manufacturing workflows, companies gain deeper insights into their production processes. This capability enhances product reliability, reduces waste, and strengthens supply chain resilience. As Lumafield continues to expand, industrial X-ray CT is becoming a fundamental component of modern manufacturing strategies.
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