The coating industry faces challenges of process and quality control, material waste, and a shortage of skilled labor. CoatingAI is a B2B SaaS solution that addresses these challenges by automating the coating process. The startup uses advanced 3D computer vision and machine learning technologies to combine information on geometry and parameters.
Thus Artificial Intelligence (AI) can find the ideal settings for a coating lines and optimize the process in real-time. CoatingAI provides a strong value proposition to the customers:
- Coating material reduction by 15% and fewer rejects
- Total compensation reduction by 25%
- Process efficiency increases reducing downtimes
- Improve process intelligence and predictability
While coatingAI is still very young, it has received immense attention from the industry. These include being published in most industry-specific magazines and setting the foundation of cooperation from small industry players to large OEMs. Finally, coatingAI is already firmly embedded in the Swiss Ecosystem, training the AI with the support of large local partners such as MS Carlisle, Kabe Farben and coatmaster.
The CEO Marlon Boldrini brings in-depth knowledge of the coating industry, while co-founder Malcolm Werchota brings ten years of experience in sales and business development in the oil & gas industry. They also work closely with leading experts in the coating industry.
We are impressed with the team’s achievements over this short period. We believe they have high potential to win the powder coating market and quickly expand into the bigger wet coating market. And that is why we made a follow-on investment in coatingAI.