Index Ventures Backs $20M AI Inspection Startup Funding Round for Scope

Index Ventures Backs $20M AI Inspection Startup Funding Round for Scope

A London-based startup is bringing artificial intelligence to one of the most paper-heavy industries on the planet, and it has just landed a major vote of confidence to accelerate that mission.

Scope, which is building an AI workflow platform for industrial inspections, has raised $20 million in a funding round led by Index Ventures. The raise marks a significant milestone for a company that only recently emerged from the pre-seed stage, and it puts Scope firmly in the conversation as one of Europe’s most interesting deep tech bets of 2026.

Targeting a $300 Billion Market Ripe for Disruption

Scope provides an AI-driven platform for the Testing, Inspection, and Certification (TIC) sector that automatically extracts data from technical documents like manuals and diagrams, populating enterprise systems like CMMS and EAM and rapidly generating inspection schemas and written reports. The industry it is targeting is vast and largely untouched by modern technology.

The company founded by CEO Jonathan Low and CTO Jakob Cassiman, both from technical AI backgrounds, who met through London’s Entrepreneur First programme. Low previously worked at Conjecture, focusing on document processing and building tools to make AI systems more controllable, while Cassiman was a machine learning engineer working with physical data.

Scope’s platform designed to write error-free test, audit, and inspection reports, with features including normalising formatting across report and client types, comparing audit results against historical data, and automatically checking reports against regulation and client standards.

What makes this AI inspection startup funding round compelling beyond the headline number is the strategic backing behind it. Scope’s investors include NextEra Energy, the world’s largest renewable energy holding company, signalling that major industrial players are already taking the platform seriously.

The TIC industry has long relied on manual processes clipboards, thick standards manuals, and handwritten reports that take hours to compile. Scope’s pitch is simple: let AI handle the reporting burden so inspectors can spend their time on work that actually requires human judgment. With $20 million in fresh capital and Index Ventures in its corner, that pitch is about to be tested at scale.