We are happy to announce that our colleagues from Yoran Imaging have been granted with 800,000€ by EIC Accelerator (ex SME Instrument Phase 2).
Yoran Imaging was established to provide effective sealed products inspection that perfects the quality assurance process of manufacturing facilities. Yoran has developed the PAM2 System, Packaging Analytics Monitoring System, a disruptive quality control machine that analysis all the products in a batch via 3D thermal imaging and advanced real time algorithms to provide complete in-line monitoring of the sealing process. The grant investment will enable Yoran to finalize the development of the PAM2 system by improving the Artificial Intelligence and to protect the IP and generate the go to market business plan.
Eran Sinbar, Founder and CEO of Yoran Imaging says: “We want to share our deep appreciation to the Inveniam Group. Inveniam took us to a journey in which we understood and tuned together our business plan in order to scale up and overcome the market barriers. Thanks to Inveniam, the Phase 2 is more than a grant, it became a working plan that will help us scale up and become bankable. John Crockett (partner at Inveniam), Oliver Yorke (associate at Inveniam) and Laia Mencia (analyst at Inveniam) did an excellent work and we thank them so much!”.
We at Inveniam Group are very happy to have helped Yoran Imaging to achieve this great success! We wish you the best luck in all your future projects.