Butterfly & Elephant invests in amsight
Together, the companies will pursue the goal of advancing end-to-end traceability of additively manufactured parts
amsight, a startup specializing in data-driven quality management for industrial 3D printing, has received investment from Butterfly & Elephant, the investment company of GS1 Germany, as part of a Pre-Seed II financing round.
Together, the companies will pursue the goal of advancing end-to-end traceability of additively manufactured parts, as well as the exchange of digital product and process data based on GS1 standards, particularly in highly regulated industries such as medical technology, defense, aerospace, and aviation.
“We are very pleased to have gained Butterfly & Elephant as an investor who not only provides capital, but above all brings deep strategic expertise in standardization as well as part identification and labeling,” said Tim Wischeropp, CEO and Co-founder of amsight. “Together, we will elevate the exchange of digital manufacturing data and traceability in industrial 3D printing to a new level.”
The new capital will be used to accelerate product development, further expand the software (particularly in the areas of data standardization and compliance), and drive market entry in highly regulated industries.
Butterfly & Elephant invests as a strategic partner in business models that combine technological innovation with standardization in the identification, capture, and exchange of product data. The investment in amsight underlines the ambition to actively shape future-proof solutions for industrial value chains.
“amsight addresses a central lever of industrial additive manufacturing: transparency and trust through data,” said Benjamin Birker, Managing Director of Butterfly & Elephant. “We see tremendous potential in jointly establishing GS1 standards for digital process quality in regulated markets.”
