# Inxpect S.p.A.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/inxpect-s-p-a

- Industry: Electronics
- Headquarters: Brescia, Italy
- Website: www.inxpect.com
- Total disclosed funding: $26M
- Latest round: Series B (Feb 16, 2021)
- Investors on record: 3

## About

Inxpect S.p.A., based in Brescia, Italy, specializes in advanced radar technology for industrial safety, providing innovative solutions that enhance operational safety and efficiency across various sectors.Founded in 2016 by Luca Salgarelli and Marino Piotti, Inxpect S.p.A. develops safety radar systems for industrial applications. The company has successfully completed 2 funding deals, with its most recent Series B round on February 16, 2021, raising EUR 17.000 mn led by Fondo Italiano d'Investimento. This funding supports their ongoing technological advancements within radar imaging while maintaining their headquarters in Brescia, Italy.Inxpect's core offerings include the 200 series safety radar sensors, certified under IEC TS 61496-5, which create 3D virtual safety areas for real-time monitoring and access control, ensuring operator safety around machinery. Their Plug&Safe Line integrates safety features with production efficiency, serving clients across Europe, North America, and Asia within the manufacturing, logistics, and automation sectors.Inxpect reported a revenue of EUR 8,277,484 for the most recent fiscal year 2023, alongside an EBITDA of EUR -1,385,687.2.Inxpect S.p.A. plans to utilize its EUR 17.000 mn Series B funding to enhance research and development in 3D radar imaging technology and support international market expansion. This strategy aims to launch new products while targeting growth in regions such as North America and Asia by 2023. CEO Luca Salgarelli will continue to lead the company, with Claudio Catania from Fondo Italiano d'Investimento joining the board of directors.

## Funding rounds

- Series B, Feb 16, 2021, $21M — 360 Capital, Fondo Italiano d'Investimento, 8a+ Investimenti
- Series A, Jun 11, 2019, $5.6M — 360 Capital

## Investors

- 360 Capital (https://capitalatlas.ai/funds/360-capital) — Series A, Series B
- Fondo Italiano d'Investimento (https://capitalatlas.ai/funds/fondo-italiano-d-investimento) — Series B
- 8a+ Investimenti (https://capitalatlas.ai/funds/8a-investimenti) — Series B