Morphosense raises €2 million in fresh capital
Categorie(s) : Industry, News
Published : 1 April 2019
Startup Morphosense just reached a major milestone in its development, raising €2 million from three investors, including Bouygues Construction. The company will grow from eleven to sixteen employees this year and will complete development work on the second incarnation of its product, Neuron. Morphosense will also continue to work with Leti on machine learning.
The company develops instrumentation that monitors the structural health of offshore oil and gas platforms, floating wind turbines, and other infrastructures in real time. The underlying technology is the fruit of ten years of R&D by Leti. The company is currently developing advanced algorithms it hopes will be able to detect the weak signals that occur before any damage to a structure is present. This future technology will help effectively target predictive maintenance and lower maintenance costs.