IPercept Technology AB receives 3.5M SEK from Vinnova (Advanced and innovative digitalization)

GAEU Consulting is pleased to announce that our client, IPercept Technology AB, has been awarded SEK 3,527,800 within Vinnova's program for Advanced and Innovative Digitalisation to develop machine-configurable AI for industrial tool wear and process monitoring. The project will be performed in cooperation with partners from academia and industry, and it is an important step towards enabling the transition towards Industry 4.0 in Sweden and internationally. The groundbreaking technology will provide industrial manufacturers with the means to monitor the performance and wear and tear of their critical equipment.

Tomasz Wąsik, MBA, CEO GAEU Consulting Horizon Europe Centre of Excellence comments: “We are very happy to support this grant proposal as it adds another AI project to our growing reference list. The field of finely machine-configured AI services for maintenance and operational improvement of complex systems offers the possibility to renew industry and bring significant operational and economic gains for the key stakeholders, contributing to a more sustainable development." We wish IPercept and its partners the best of luck during the project implementation phase.”

Karoly Szipka, CEO IPercept comments: "We are happy with the professional support and guidance we received from GAEU during the proposal development phase. GAEU demonstrated practical knowledge of this program and delivered a high-quality proposal. We highly recommend GAEU to other startups seeking Vinnova funding."

If you are a startup looking for funding for your research and development project, please reach out to us immediately.