MEETOPTICS uses AI to make the search for optics and photonics components easy and accessible
Via the Rochester Business Journal
July 29, 2022
MEETOPTICS is one of 10 startups from around the world working with the Luminate NY accelerator at NextCorps in downtown Rochester. These companies are helping to write the next chapter in Rochester’s history as the world’s center for optics, photonics, and imaging (OPI).
Each company in Luminate’s cohort 5 received an initial investment of $100,000 and is participating in the six-month program, which helps the selected companies speed the commercialization of their technologies and businesses. On October 19, at Finals 2022 at the Rochester Riverside Convention Center, they will compete for up to $2 million in follow-on investment. Funding for the $25 million program is being provided through Empire State Development’s Finger Lakes Forward Upstate Revitalization Initiative.
“Optics and photonics are key to bringing many of the latest technologies to market, but these specialized components are often difficult to find within a sea of providers,” said Dr. Sujatha Ramanujan, managing director of Luminate. “MEETOPTICS is simplifying the search and evaluation process to help innovators everywhere to bring their ideas to life faster, and to advance the optics and photonics industry as a whole.”
We caught up with Dr. Barbara Buades, Founder and CEO of MEETOPTICS, to discuss how the company is helping engineers and researchers with its highly customizable search engine.
Tell us about your company.
MEETOPTICS is an Artificial Intelligence (AI)-driven platform that helps engineers and researchers in the optics and photonics industry access and compare available products and technologies from trusted manufacturers. The comprehensive, up-to-date database saves them weeks of search time, providing access to valuable contacts when they are needed.
The MEETOPTICS platform includes more than 50,000 products and over 30 suppliers from the USA and Europe. It is growing at a rate of 10% per month, and we now have a user community of more than 55,000 professionals. Our vision is to solve the supply chain crisis by becoming the standard platform for anything related to optics and photonics.