
Xnext is a knowledge-intensive scale-up company that produces and develops advanced hyperspectral X-ray inspection technology, XSpectra®. This technology performs in-line real-time material characterization, identifying contaminants, foreign bodies, or defects in food manufacturing and enabling non-destructive testing and material differentiation in recycling. XSpectra® operates with up to 1,024 energy levels, utilizing proprietary multi-energy analysis to detect previously undetectable contaminants like light materials in food and pharma safety inspections. The system also facilitates real-time quality control directly on production lines, targeting markets such as food processing, security, and circular economy with its zero-defect production capabilities. Xnext was founded in February 2014 and is based in Milan, Italy.

Xnext is a knowledge-intensive scale-up company that produces and develops advanced hyperspectral X-ray inspection technology, XSpectra®. This technology performs in-line real-time material characterization, identifying contaminants, foreign bodies, or defects in food manufacturing and enabling non-destructive testing and material differentiation in recycling. XSpectra® operates with up to 1,024 energy levels, utilizing proprietary multi-energy analysis to detect previously undetectable contaminants like light materials in food and pharma safety inspections. The system also facilitates real-time quality control directly on production lines, targeting markets such as food processing, security, and circular economy with its zero-defect production capabilities. Xnext was founded in February 2014 and is based in Milan, Italy.
Founded: February 2014
Headquarters: Milan, Italy (Via Valtorta 48)
Core product: XSpectra hyperspectral X-ray inspection system
Target sectors: Food safety, Pharma safety, Recycling
Tech specialisation: Hyperspectral X‑ray, photonics, CdTe photon‑counting detector, AI inspection software
Funding highlights: Series A (May 13, 2021) led by Neva SGR; €20M EIB venture debt (Dec 2023)
Industrial inspection and quality control for food safety, pharmaceutical safety, and recycling/material characterisation.
2014
Inspection technology / Food & pharmaceutical safety / Recycling
€5,000,000
Capital increase by Neva First Fund (listed as a 2021 milestone).
€20,000,000
EIB provided a venture debt loan to support R&D (listed as a milestone/recognition).
Listed as a grant entry (date shown in funding summaries).
Company notes early backing from friends & family and business angels in 2015.
Company notes a crowdfunding campaign in 2016.
“Series A led by Neva SGR (May 2021); later €20M venture debt from the European Investment Bank (Dec 2023); earlier grant support from EASME and early F&F/business‑angel and crowdfunding activity.”