About LMI Technologies
LMI Technologies is a company based in New Westminster (Canada) founded in 2011. LMI Technologies has completed 3 acquisitions, including FringeAI, GFM3D and Liberty Robotics. LMI Technologies operates in a competitive market with competitors including Cogniac, LANDING AI, Inspekto, Beijing Achu Technology and XYMA Analytics, among others.
- Headquarter New Westminster, Canada
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Sectors
TechnologyIndustrial Goods & Manufacturing
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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
$2.73 M (USD), Grant
Oct 01, 2019
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
FringeAI
& 2 more
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People of LMI Technologies
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Software Development Team
16 people
Human Resources and Administration
4 people
Leadership Team
3 people
Product Management Team
2 people
Application Team
1 people
Senior Team
1 people
Creative and Marketing Team
1 people
Finance and Accounting
1 people
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Funding Insights of LMI Technologies
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $2.7M
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First Round
First Round
(01 Oct 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2019 | Amount | Grant - LMI Technologies | Valuation |
investors |
Investors in LMI Technologies
LMI Technologies has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | 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 LMI Technologies
LMI Technologies has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include FringeAI, GFM3D and Liberty Robotics.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of AI-powered inspection and optimization solutions for factories using 3D sensors
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2018 | ||||
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3D vision guidance systems are supplied for robotic industrial uses.
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2005 | ||||
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Limited information is available on GFM3D's core activities.
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1998 |
Financial Statements - LMI Technologies
Lmi Technologies Comparisons
Competitors of LMI Technologies
LMI Technologies 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 Cogniac, LANDING AI, Inspekto, Beijing Achu Technology and XYMA Analytics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-based platform is utilized for managing visual operations in businesses.
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| domain | founded_year | HQ Location |
AI-based platform for identifying defects
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| domain | founded_year | HQ Location |
Autonomous machine vision systems for quality inspection are provided.
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| domain | founded_year | HQ Location |
Industrial AI vision software and hardware solutions are provided.
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| domain | founded_year | HQ Location |
Sensors and IoT are utilized for plant and asset monitoring.
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| domain | founded_year | HQ Location |
Diversified AI services are provided by Ethon from Switzerland.
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Frequently Asked Questions about LMI Technologies
LMI Technologies was founded in 2011 and raised its 1st funding round 8 years after it was founded.
LMI Technologies is headquartered in New Westminster, Canada. It is registered at New Westminster, British Columbia, Canada.
LMI Technologies was founded in 2011 in New Westminster, Canada, where operations focus on the industrial automation sector. AI-powered solutions for inspection and optimization in factories are delivered through 3D sensor technology. The FactorySmart sensor line supports automation services, while additional offerings encompass Gocator 3D Smart Sensors for precise measurement, HDI 3D Scanning Systems for high-definition imaging, and MikroCAD systems for surface metrology applications.
LMI Technologies's top competitors include Headwall Photonics, Cogniac and XYMA Analytics.
LMI Technologies has made 3 acquisitions, including FringeAI, GFM3D, and Liberty Robotics.
LMI Technologies has 1 investor. Key investors include European Union.