Why it matters: Israeli startup Spinframe has chosen Miami as its US headquarters, bringing AI-powered vehicle inspection technology that could revolutionize how cars are checked for damage. As reported by Refresh Miami, the company’s expansion highlights Miami’s growing role as a tech hub and gateway to Latin American markets.
The Big Picture: Spinframe addresses a massive market opportunity, with over 20 billion vehicle inspections conducted annually worldwide:
- System processes inspections in 7 seconds
- Uses standard CCTV cameras to reduce costs
- It can handle 6,000 vehicles daily at ports, which includes the best cars, of course.
Market Impact: The company’s technology dramatically improves efficiency for various stakeholders:
- 19x faster than traditional inspections
- Creates detailed “Digital Twin” scans
- Serves major clients including Volkswagen
Global Reach: Already established in multiple markets, Spinframe operates in:
- Israel and Germany
- Italy and UK
- Spain and Australia
Looking Forward: The Miami headquarters positions Spinframe to tap into the US market while strengthening tech ties between South Florida and Israel’s “Startup Nation.” The company aims to expand relationships with US port operators and auto-dealer networks, potentially transforming vehicle inspection processes across the industry.