# Liminal Insights

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/liminal-insights

- Industry: Software
- Headquarters: Emeryville, US
- Website: www.liminalinsights.com
- Total disclosed funding: $38M
- Latest round: Series A (Jun 27, 2024)
- Investors on record: 14

## About

Liminal Insights, Inc., based in the US, specializes in advanced inspection solutions for battery manufacturing, leveraging ultrasound and machine learning technologies to enhance quality control and production efficiency across various battery cell formats.Liminal Insights, Inc. was founded in 2015 in Emeryville, US. The company focuses on providing inspection solutions for battery manufacturing, operating under the leadership of CEO Andrew Hsieh. On June 27, 2024, Liminal completed a Series A funding round, raising USD 10.121 mn, led by LG Technology Ventures with participation from Chailease Berjaya Credit Sdn. Bhd, ArcTern Ventures, Good Growth Capital, Chrysalix, and Ecosystem Integrity Fund. The total amount raised by the company to date is USD 10.121 mn, valuing the company at USD 70.163 mn.Liminal specializes in advanced inspection solutions for battery manufacturing, primarily through its flagship EchoStat platform. This platform employs a combination of ultrasound and machine learning technologies to deliver rapid, non-destructive inspections of various battery cells, including prismatic, pouch, and cylindrical formats. The core offerings focus on enhancing quality control during cell development and production, allowing manufacturers to efficiently identify quality outliers and process anomalies. Liminal's solutions cater to battery manufacturers aiming to reduce scrap costs and improve production yields, serving a diverse client base across North America, Europe, and Asia.Liminal generates revenue mainly through B2B transactions, providing inspection services and products to battery manufacturers. The company operates on a partnership model, integrating EchoStat solutions into clients' production lines. This may involve subscription agreements or one-time purchases of high-speed inspection systems like EchoStat Array, EchoStat Raster, and EchoStat Theta, all designed to enhance quality control and production efficiency in battery manufacturing.In June 2024, Liminal Insights, Inc. raised USD 10.12 mn in Series A funding to support future growth initiatives. The company plans to expand its product offerings, including the development of new inspection technologies and platforms. Additionally, Liminal aims to penetrate new markets, focusing on regions beyond its current reach. The recent funding will be utilized to enhance research and development efforts, enabling the company to launch innovative solutions and establish a stronger presence in the global battery manufacturing sector.

## Funding rounds

- Series A, Jun 27, 2024, $10M — Chrysalix, ArcTern Ventures, Ecosystem Integrity Fund, Good Growth Capital, LG Technology Ventures, Chailease Berjaya Credit Sdn. Bhd
- Series A, Feb 6, 2023, $18M — Chrysalix, University of Tokyo Edge Capital Partners, ArcTern Ventures, Ecosystem Integrity Fund, Volta Energy Technologies, Good Growth Capital, Northvolt AB, Impact Science Ventures, Helios Climate Ventures
- Series A, Apr 6, 2022, $8M — Chrysalix, University of Tokyo Edge Capital Partners, Helios Capital, Volta Energy Technologies, Elemental Impact, Good Growth Capital, Incite Ventures, Impact Science Ventures
- Seed, Jun 21, 2019, $2.5M — Chrysalix

## Investors

- Chrysalix (https://capitalatlas.ai/funds/chrysalix) — Seed, Series A
- University of Tokyo Edge Capital Partners (https://capitalatlas.ai/funds/university-of-tokyo-edge-capital-partners) — Series A
- Helios Capital (https://capitalatlas.ai/funds/helios-capital) — Series A
- Volta Energy Technologies (https://capitalatlas.ai/funds/volta-energy-technologies) — Series A
- Elemental Impact (https://capitalatlas.ai/funds/elemental-impact) — Series A
- Good Growth Capital (https://capitalatlas.ai/funds/good-growth-capital) — Series A
- Incite Ventures (https://capitalatlas.ai/funds/incite-ventures) — Series A
- Impact Science Ventures (https://capitalatlas.ai/funds/impact-science-ventures) — Series A
- ArcTern Ventures (https://capitalatlas.ai/funds/arctern-ventures) — Series A
- Ecosystem Integrity Fund (https://capitalatlas.ai/funds/ecosystem-integrity-fund) — Series A
- Northvolt AB — Series A
- Helios Climate Ventures (https://capitalatlas.ai/funds/helios-climate-ventures) — Series A
- LG Technology Ventures (https://capitalatlas.ai/funds/lg-technology-ventures) — Series A
- Chailease Berjaya Credit Sdn. Bhd — Series A