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COINTURK FINANCE > Business > TWINport360 Secures €1M to Advance Autonomous Quality Control in Baking Industry
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TWINport360 Secures €1M to Advance Autonomous Quality Control in Baking Industry

Overview

  • TWINport360 secures €1M from Oost NL for its growth.

  • The investment aims to enhance quality control in bakeries.

  • Technology minimizes waste and optimizes production efficiently.

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TWINport360, headquartered in Varsseveld, Netherlands, has successfully garnered €1 million in investment from the Gelderland Innovation and Energy Fund, managed by Oost NL, supplemented by contributions from select business angels. This financial boost signifies a strategic move towards transforming the manufacturing industry, emphasizing digitization and more sustainable industrial processes. Notably, the funding is set to enhance TWINport360’s development and deployment of autonomous quality control systems across the global industrial bakery sector, a crucial step in embracing technology-driven solutions for precise quality assurance. The potential applicability of their technology in sectors beyond bakery indicates a broader industry relevance.

Contents
How is TWINport360 Innovating in Quality Control?What Potential Does TWINport360’s Technology Hold?

In prior developments, the innovation climate in Eastern Netherlands has shown a steady focus on supporting tech-driven startups aiming to revolutionize various sectors, with Oost NL playing a pivotal role. Earlier, Oost NL’s investments often highlighted sectors like food, tech, and energy, creating a robust ecosystem nurturing innovative business solutions. TWINport360’s recent funding elevates the region’s ongoing narrative of promoting innovative, sustainable industrial practices through financial and strategic backing from established local and regional entities.

How is TWINport360 Innovating in Quality Control?

The core of TWINport360’s technology lies in its cutting-edge 360° full-color 3D inspection system, crafted for autonomous and impeccable quality control. This system generates digital twins of baked goods to provide accurate, data-driven insights for minimizing waste, which drastically contrasts the conventional subjective inspection methods. Transitioning to these digital solutions highlights a progressive shift towards automation in the food processing domain, promising up to a 70 percent reduction in food wastage.

What Potential Does TWINport360’s Technology Hold?

Primarily targeting the bakery sector, TWINport360’s technology shows significant promise for expansion into other manufacturing areas. By enabling continuous product inspection and vastly reducing the dependency on manual labor, this innovation presents compelling efficiency and sustainability benefits. This autonomous system not only improves production lines but also equips manufacturers with actionable data for enhancing operational effectiveness.

The company’s collaboration with well-known players like Aryzta (Pré Pain) exemplifies the practical utility and commercial viability of its technology. Expanding these collaborations to a global scale could reset the manufacturing industry’s standards concerning quality control.

“TWINport360 contributes innovatively to reducing food waste and making industrial processes more sustainable,” stated Matthijs Berkelaar from Oost NL.

His insights underline the company’s alignment with broader socio-economic and environmental goals, promoting digitization across industries.

The strategic involvement of business angels and Oost NL offers not just financial backing but also industry-specific expertise and valuable networks, essential for TWINport360’s envisioned international growth and broader application of its technology, as noted by CEO Wouter Klunder.

“Thanks to this investment, we can introduce our innovative technology to the market more quickly,” Klunder expressed, anticipating a strengthened position in the marketplace.

Subsequently, catering to a more extensive clientele and fostering sustainable manufacturing processes are expected outputs of this financial infusion.

Funding for TWINport360 marks a significant milestone in amalgamating technology with sustainable practices, mainly targeting the industrial bakery sector. This investment sets a precedent for enhancing quality assurance through advanced digital methodologies, signaling a broader shift toward sustainable production practices. As TWINport360 scales its operations, exploring further applications of its technology could uncover diverse manufacturing industry potentials, potentially transforming standard procedures and reducing overall wastage globally.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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