About Laser Precision Solutions
Laser Precision Solutions is a company based in Amsterdam (Netherlands) founded in 2016 by Harm Medendorp. Laser Precision Solutions offers products and services including LaserTrain and Track Contamination Detector (TCD). Laser Precision Solutions operates in a competitive market with competitors including NGRT, Rail-X, Onyx Rail Safety Solutions, Schweizer Electronic and Novius Railtech, among others.
- Headquarter Amsterdam, Netherlands
- Founders Harm Medendorp
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$55.5 K (USD), Grant
May 31, 2020
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of Laser Precision Solutions
Laser Precision Solutions offers a comprehensive portfolio of products and services, including LaserTrain and Track Contamination Detector (TCD).
Uses laser ablation to clean railheads and improve friction for safer operations.
Provides real-time railhead contamination estimates to optimize maintenance processes.
Funding Insights of Laser Precision Solutions
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $55,502
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First Round
First Round
(01 Dec 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Grant - Laser Precision Solutions | Valuation |
investors |
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| Dec, 2019 | Amount | Grant - Laser Precision Solutions | Valuation |
investors |
Investors in Laser Precision Solutions
Laser Precision Solutions has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
Investments & Acquisitions by Laser Precision Solutions
Financial Statements - Laser Precision Solutions
Laser Precision Solutions Comparisons
Competitors of Laser Precision Solutions
Laser Precision Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NGRT, Rail-X, Onyx Rail Safety Solutions, Schweizer Electronic and Novius Railtech, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Rail safety warning systems for railway infrastructure anomalies are provided.
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| domain | founded_year | HQ Location |
An AI and SaaS-enabled platform for rail-crossing monitoring solutions.
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| domain | founded_year | HQ Location |
Provides AI platforms for detecting and reporting hazards at railroad crossings to enhance safety.
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| domain | founded_year | HQ Location |
Schweizer Electronic AG is engaged in railway safety solutions.
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| domain | founded_year | HQ Location |
Develops and manufactures rail safety solutions and condition-based monitoring systems.
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Latest news on Laser Precision Solutions
Frequently Asked Questions about Laser Precision Solutions
Laser Precision Solutions was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Laser Precision Solutions is headquartered in Amsterdam, Netherlands.
Harm Medendorp is the current CEO of Laser Precision Solutions. They have also founded this company.
Laser Precision Solutions was founded in 2016 in Amsterdam, Netherlands, as a provider of technology for rail safety management. Solutions focused on rail maintenance, track cleaning, and contamination detection are offered through laser-based products. Operations center on the rail sector, with services aimed at enhancing track safety and efficiency across European networks. Expertise in precision laser applications supports infrastructure monitoring and upkeep.
Laser Precision Solutions's top competitors include NGRT, Rail-X and Onyx Rail Safety Solutions.
Laser Precision Solutions offers LaserTrain and Track Contamination Detector (TCD).
Laser Precision Solutions has 2 investors. Key investors include European Union, and EIC Fund.