What IRIS Technology Solutions does

IRIS Technology Solutions S.L. is a privately-held Spanish engineering company headquartered in Cornellà de Llobregat, Barcelona, that designs and integrates turnkey photonics and AI solutions for real-time industrial process and quality control. The company operates under the proprietary Visum® brand, comprising five core product lines: Visum Palm™ (handheld NIR analyzer), Visum NIR In-Line™ (industrial inline NIR), Visum HSI™ (hyperspectral imaging system), Visum Raman In-Line™ (Raman spectroscopy analyzer), and Visum DeepSight™ (deep-learning machine vision system). These devices are complemented by Digital Analytics Platforms (IIoT/cloud/AI software) and the CTC+ grain quality software. Founded in 2007 with 51–100 employees, IRIS targets enterprise clients across food and beverage, pharmaceutical, plastics, wood, and chemical industries, with named customers including EUROPASTRY, Almirall, AstraZeneca, BIMBO Iberia, Pescanova, Finsa, and MOGU across at least 15 countries.

The company's business model combines hardware sales of proprietary spectroscopic analyzers, professional services for turnkey project integration at client industrial sites, and recurring digital platform/IIoT subscription services, all delivered through direct enterprise field sales on a quote-based, multi-year contract model. GTM is supported by participation in six+ Horizon Europe research consortia (FLEXIBLE MID-INFRARED, RECONSTRUCT, TexMat, ETERNAL, ROADVIEW, NimbleAI) spanning 9+ countries, alongside Spanish government export programs (ICEX Next, ACCIÓ eTrade) that function as both R&D funding and market entry channels. The company holds ISO 9001 and ISO 13485 certifications and was recognized as a Pyme Innovadora by the Spanish Ministry of Industry in 2024.

Revenue mechanics are anchored in custom co-development engagements where IRIS works hand-in-hand with clients from solution design through to implementation, building industry-specific calibration models and machine learning classifiers for each application (e.g., frying oil acidity for EUROPASTRY, GxP-compliant pharmaceutical analysis for Almirall, grain quality prediction for GESCASER). The company reports no external funding rounds and operates as an independent private limited entity. Product launches in 2025 (Visum Palm GxP for pharma in September and Raman Process Analyzer for Rapamycin monitoring in December) signal ongoing vertical deepening in pharmaceutical applications.

Name

IRIS Technology Solutions

Legal name

IRIS Technology Solutions S.L.

Website

https://iris-eng.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

IRIS Technology Solutions is a Barcelona-based engineering firm that designs turnkey photonics and AI quality control systems (NIR, Raman, hyperspectral, machine vision) for industrial clients in food, pharmaceutical, plastics, wood, and chemical sectors across Europe and Latin America.

Ownership category

akta.pro rank

Product category

Industrial Quality Control Instrumentation

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Analytical Laboratory Instrument Manufacturing (334516), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Optical Instruments & Lenses (3827), Laboratory Analytical Instruments (3826), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Industrial Vision & Quality Inspection (HDAAAEAG)

akta.pro secondary industry

Optoelectronics & Photonics (LED/Laser/Optical ICs) (HDAHAAAH)

Keywords

• Photonics solutions
• Industrial quality control
• NIR spectroscopy
• Machine vision systems
• Real-time process monitoring

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Photonics Equipment Sales: Sale of Visum® branded hardware including NIR analyzers (handheld and inline), hyperspectral imaging systems, Raman spectrometers, and machine vision systems. Turnkey solutions are sold as complete packages with integration and implementation services.
2. Turnkey Project Solutions: End-to-end quality control solutions combining hardware, software, and AI tools. Includes custom development of machine learning models, system integration, and installation at client industrial sites.
3. Digital Platform Services: Engineering and development of digital analytics platforms including cloud solutions, IIoT integration, and AI-powered analytics software for industrial clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

IRIS Technology Solutions designs, manufactures, and integrates turnkey photonics and AI-based solutions for real-time industrial process and quality control. Under the proprietary Visum® brand it sells handheld NIR analyzers, in-line NIR analyzers, hyperspectral imaging systems, in-line Raman spectrometers, and deep-learning machine vision systems, complemented by Digital Analytics Platforms (cloud/IIoT/AI) and Digital Kit digitalization offerings. Solutions are delivered as co-created turnkey projects to enterprises in food, pharmaceutical, chemical, plastics, and wood industries.

Product overview

IRIS Technology Solutions offers the Visum® brand product line comprising five core spectroscopy and imaging devices for industrial real-time quality control: Visum Palm™ (handheld NIR), Visum NIR In-Line™ (inline NIR analyzer), Visum HSI™ (hyperspectral imaging), Visum Raman In-Line™ (Raman analyzer), and Visum DeepSight™ (machine vision system). These photonics-based analyzers use NIR spectroscopy, Raman spectroscopy, hyperspectral imaging, and machine vision technologies. The portfolio is complemented by Digital Analytics Platforms for data integration and AI-powered insights, and Digital Kit for turnkey digital solutions. The company also focuses on three research pillars: Applied Photonics, AI & Digitisation, and Circular Bio-economy. Solutions serve food, pharmaceutical, chemical, plastics, wood, and packaging industries.

Differentiator

Problem solved

Functional benefit

Brands

• Visum®: Brand for industrial spectroscopy and quality control devices including Visum Palm (handheld NIR), Visum NIR In-Line, Visum HSI (hyperspectral imaging), Visum Raman In-Line, and Visum DeepSight (machine vision).
• CTC+

Products and services

• Visum Palm™ Handheld NIR (Near-Infrared) analyzer for portable, real-time, non-destructive quality control of food products, frying oil, moisture, and fat percentages in production-line and laboratory settings. Sold to enterprise clients across food, pharmaceutical, and chemical industries.
• Visum NIR In-Line™ Industrial process NIR analyzer for inline, real-time monitoring of physical and chemical parameters during manufacturing of food, grains, plastics, and other materials, bringing laboratory-quality analysis to the production floor.
• Visum HSI™ Hyperspectral imaging system that combines spectral and spatial data to classify materials, detect anomalies, and perform quality inspection across food, pharmaceutical, plastics, and industrial applications.
• Visum Raman In-Line™ Inline Raman spectroscopy analyzer for real-time monitoring of chemical processes, crystallization, polymerization, API quantification, and fermentation control in pharmaceutical and chemical industries.
• Visum DeepSight™ Machine vision system that uses deep learning neural networks for automated visual inspection, defect detection, foreign body identification, and quality classification in food, labeling, packaging, and industrial manufacturing.
• Digital Analytics Platforms High-performance digital analytics platforms, including cloud, IIoT, AI, and deep-learning services that convert industrial devices and process data into connected, actionable information for industrial clients.
• Digital Kit Turnkey digitalization solutions for industry covering websites, web/mobile platforms, marketplaces, CMS, AI applications (process automation, predictive analytics, chatbots), and process management tools delivered under Spain's Kit Digital government program.
• Visum Palm GxP GxP-compliant variant of the Visum Palm handheld NIR analyzer designed for pharmaceutical applications, meeting GxP regulatory requirements for pharmaceutical-industry quality control.

Quantifiable outcome

• Results comparable to HPLC for Rapamycin monitoring using Raman Process Analyzer
• +1 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered major, core and minor.

• EU Horizon FLEXIBLE MID-INFRARED ConsortiummajorStrategic or Co-development Partner · 1 January 2026EU-funded research project 'FLEXIBLE MID-INFRARED PHOTONIC SOLUTIONS FOR RAPID FARM-TO-FORK SENSING OF FOOD CONTAMINANTS' with 12 organizations across 9 countries receiving approximately €3.5 million in total net EU financial contributions. IRIS Technology Solutions participates alongside universities and research organizations from Germany, Austria, Netherlands, Hungary, Switzerland, Spain, Belgium, and Norway.
• EU Horizon TexMat ConsortiummajorStrategic or Co-development Partner · 1 October 2025€6.76 million Horizon Europe pilot program for clothing recycling incentives in Spain and Finland. 14 partners across seven countries deploying AI-equipped automated containers for garment pre-sorting and quality assessment. IRIS contributes photonics expertise for textile analysis.
• Quotient SciencescoreStrategic or Co-development Partner · 1 January 2024UK-based pharmaceutical development company partnering with IRIS Technology Solutions in the €5.9 million ETERNAL Horizon Europe project for sustainable pharmaceutical manufacturing. The partnership focuses on green chemistry techniques including Raman spectroscopy monitoring, digital twin simulations, and energy-efficient membrane filtration for reducing pharmaceutical environmental footprint.
• AstraZenecacoreStrategic or Co-development Partner · 1 January 2024Pharmaceutical giant AstraZeneca partnering with IRIS Technology Solutions in the ETERNAL project for developing greener pharmaceutical production methods. Collaboration involves pooling expertise in sustainable manufacturing technologies across the pharmaceutical supply chain.
• EU Horizon RECONSTRUCT ConsortiummajorStrategic or Co-development Partner · 1 June 2023€6.69 million EU-funded research project developing low-carbon alternatives to Ordinary Portland Cement using recycled and bio-based materials. Twelve consortium partners from Spain, Netherlands, Italy, Belgium, United Kingdom, and Greece. Project aims to construct real-scale demonstrators in Barcelona and Brussels.
• Digital Products Development S.L.minorImplementation/ SI/ Consulting PartnerTechnology partner providing the Ithikios platform for IRIS Technology Solutions' internal complaint channel management system. Enables anonymous reporting and compliance with Spain's Law 2/2023 for whistleblower protection.
• SPIREminorStrategic or Co-development PartnerSPIRE (Sustainable Process Industry through Resource and Energy Efficiency) is a European industry association for process industries. IRIS Technology is recognized as an active member contributing to SPIRE8 initiatives for digital industrial transformation.
• ICEX Next ProgramminorGTM or Marketing PartnerSpanish government export support program (ICEX) co-financed by European ERDF fund supporting IRIS Technology Solutions' international development and new export market opening.
• ACCIÓ eTrade ProgramminorGTM or Marketing PartnerCatalonia trade and investment agency program promoting internationalization of Catalan companies including IRIS Technology Solutions.
• EU Horizon ROADVIEW ConsortiumminorStrategic or Co-development PartnerEU-funded research project for safer automated driving technology bringing together European and UK researchers for vehicle sensor reliability in adverse weather conditions.
• EU Horizon NimbleAI ConsortiumminorStrategic or Co-development PartnerEU-funded brain-inspired vision systems project (NimbleAI) developing neuromorphic computing for energy-efficient processing.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Process Sensors Corporation: US-based supplier of inline NIR and moisture sensors for industrial process control — narrowly competes with IRIS's Visum NIR In-Line for continuous production-line quality monitoring.
• HORIBA Scientific: Provides Raman, fluorescence, and other spectroscopy platforms for research and industrial QC, overlapping with IRIS's Raman and HSI product portfolio and pharma/food customer base.
• Bruker: Global leader in scientific instrumentation including Raman, NIR, and FT-NIR spectrometers sold into pharma PAT and food quality control — directly comparable to IRIS's Visum Raman In-Line and NIR product lines.
• Bühler Group: Swiss food-processing equipment leader with inline NIR-based quality monitoring (including acquired Perten technology) for grain, bakery, and food processing — direct adjacency to IRIS's food vertical offerings.
• SICK AG: German industrial sensor and machine-vision supplier with inline inspection and AI-based quality solutions for food, pharma, and packaging — comparable to IRIS's DeepSight vision systems for defect detection.
• Renishaw: UK-based manufacturer of Raman spectrometers and process monitoring tools widely used in pharmaceutical PAT — directly comparable to IRIS's Raman-based pharma offerings.
• FOSS: Danish specialist in NIR and process analytics for the food, feed, and agricultural industries; the closest direct competitor to IRIS for food-sector inline NIR quality monitoring.

Broad incumbents

• Thermo Fisher Scientific (Analytical Instruments): Diversified analytical-instruments giant offering FT-NIR, Raman, and process spectroscopy through brands such as Thermo Scientific — competes broadly with IRIS in pharma and food analytics.
• Agilent Technologies: Major analytical instrument vendor with FT-NIR, Raman, and spectroscopy capabilities across pharma and food — overlaps with IRIS's Visum Raman In-Line and NIR product positioning.
• Carl Zeiss (ZEISS Industrial Quality Solutions): Industrial metrology and machine-vision leader with AI-enabled quality inspection — overlaps with IRIS's Visum DeepSight machine vision and hyperspectral imaging portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/iris_rd
• YouTubeyoutube.com/channel/UC54W3WtsD6JF1Y8tVG1FIbg
• LinkedInlinkedin.com/company/visumspain

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IRIS Technology Solutions