amsight, a start-up specialising in data-based quality management in industrial 3D printing, has gained a strategic investor in Butterfly & Elephant, the investment company of GS1 Germany. With this investment as part of a Pre-Seed II financing round, the Hamburg-based company is strengthening its position as a technological enabler for quality-assured 3D printing production.
Together, amsight and Butterfly & Elephant are pursuing the goal of further advancing the traceability of additively manufactured components and the exchange of digital product and process data using GS1 standards – especially in highly regulated industries such as medical technology, defence and aerospace.
Data as the key to quality and trust in AM production
Butterfly & Elephant is participating in amsight to actively shape digitisation, standardisation and automation in additive manufacturing. Close cooperation is intended to produce concrete solutions in the field of AM (additive manufacturing) that enable companies to transparently document and securely exchange quality-critical parameters across the entire process chain.
"We are delighted to have gained Butterfly & Elephant as an investor, who not only brings capital to the table, but above all strategic expertise in the areas of standardisation, component identification and labelling. Together, we will take the exchange of digital manufacturing data and traceability in industrial 3D printing to a new level," says Dr Tim Wischeropp, CEO & Co-Founder of amsight GmbH.
The fresh capital will be used to accelerate product development, further expand the software platform, particularly in data standardisation and compliance, and push ahead with market entry in highly regulated industries.
Partnership strengthens portfolio in the field of industrial digitalisation
Butterfly & Elephant is a strategic investor in business models that combine technological innovation and standardisation in the field of product data identification, capture and exchange. The investment in amsight underscores the company's ambition to actively shape forward-looking solutions for value chains.
"amsight addresses a key lever of industrial additive manufacturing: transparency and trust through data. We see enormous potential in working together to set GS1 standards for digital process quality in regulated markets,” explains Benjamin Birker, Managing Director of Butterfly & Elephant.
Image rights: amsight
Press contact:
Dr.-Ing. Tim Wischeropp
CEO & Co-Founder
tim.wischeropp@amsight.de
Benjamin Birker
Managing Director
benjamin.birker@butterphant.de