HyperSpectral Secures $7 Million to Propel Innovation and Growth in AI Spectral Intelligence
HyperSpectral Secures $7 Million in Series A-2 Funding
HyperSpectral, the pioneering company in AI-driven spectral intelligence, announced today the successful closure of a $7 million Series A-2 funding round. This significant capital raise is poised to enhance the company’s growth trajectory and expand its offerings across various sectors, including biotechnology, industrial applications, and defense services.
This latest round was co-led by RRE Ventures and Kibo Ventures, complemented by continuing support from existing investors. Moreover, it welcomed new investments from Avalanche Thinking, bringing alongside Dr. Vincent D. (Chuck) Mattera, the former Chair and CEO of Coherent Corp, into the fold as the new Chairman of the Board. His extensive experience in the fields of photonics and industrial manufacturing aims to reinforce HyperSpectral’s leadership and readiness for scaling in anticipation of a future Series B funding round slated for 2026.
Since transitioning out of stealth mode last year, HyperSpectral has witnessed remarkable progress. Their SpecAI™ platform has received recognition from notable institutions, including being named a Gartner Emerging Tech Innovator in Computer Vision Applications and a finalist in the prestigious RD 100 awards for 2025. Additionally, the company has clinched the SPIE Prism Award, underscoring its innovative advancements in the realm of spectral technology. The dynamic leadership of CEO Matt Theurer and COO Lauren Stack has also been acknowledged by Washingtonian Magazine, awarding them