AutoMetrics Tech reposted this
Memo: Meet the 50 Industrial Transformation & Supply Chain Technology Startups REFASHIOND Ventures: The Industrial Transformation Fund has backed since September 2021 (#50StartupsIn50Days #REFASHIOND50) Startup: AutoMetrics Tech Count: 42 of 50 Brief Description: AutoMetrics has developed an automated process monitoring system for quality control in industrial manufacturing. By monitoring processes like welding, cutting, machining and other complex and vital processes in real time, AutoMetrics facilitates real time quality control (QC) monitoring that improves upon existing sampling-based approaches to QC. Investment Rationale: Most Industrial Quality Control is done manually, by sampling batches of products. While this has been the state of the art, it is inadequate because quality control inspectors cannot inspect every item that is manufactured - they can only sample a small proportion of manufactured products. AutoMetrics enables QC on 100% of production. #ObsessivelyEnthusiasticInvestor #UnreasonablyEnthusiasticInvestor We look for the people we believe are doing the best work in Industrial Transformation & Supply Chain Technology; Attempting the impossible. Then we go all-in on them. With OBSESSIVE and UNREASONABLE ENTHUSIASM. Our Investment Thesis: REFASHIOND Ventures: The Industrial Transformation Fund invests in early stage startups refashioning legacy industries through Data & AI, Advanced Materials, Advanced Manufacturing, & Next Generation Supply Chains; Defensible through economic moats. Join us. #IndustrialTransformation #SupplyChain #Innovation #Technology #Startups #VentureCapital #DemandTheImpossible #DataAndAI #NextGenerationSupplyChains #Advancedmanufacturing