Bullnet Capital leads new investment in the IFAE spin-off Deep Detection

The IFAE spin-off Deep Detection, a cutting-edge X-ray inspection technology company, has secured a substantial investment led by Bullnet Capital, a prominent Spanish venture capital firm specializing in deep-tech companies.

Founded in July 2020 as a spin-off from the Institut de Física d’Altes Energies (IFAE), launched by The Collider - Mobile World Capital Barcelona, Deep Detection was born out of the visionary efforts of IFAE researchers Prof. Mokhtar Chmeissani and Dr. José Gabriel Macías, alongside business leaders David Ciudad (CEO) and Colin Burnham (COO).

Deep Detection’s revolutionary technology centers around a specific read-out chip and a photon counting algorithm, enabling precise material classification and the detection of low-density foreign bodies in food items. Addressing a critical challenge faced by the food industry due to the limitations of existing inspection systems, Deep Detection’s solution has the potential to minimize food contamination incidents that cause significant disruptions and costly recalls for manufacturers.

With Bullnet Capital ’s latest investment, Deep Detection is poised to advance the development of its groundbreaking technology and expedite the introduction of its products to the market. The investment round also saw participation from TTAF, Vigo Ventures, and Intempo Ventures, marking a significant milestone in Deep Detection’s growth trajectory.

Deep Detection IFAE PhotonAI

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