Trendspek raises $6M to scale 3D inspection platform for ageing infrastructure

# What happened Trendspek, an Australian infrastructure software startup, raised $6 million in new funding led by OIF Ventures. The company will use the capital to expand into North America and Europe, hire for product and customer support overseas, and accelerate AI development to reduce engineer review time on inspection imagery.

# Who's behind it Trendspek was founded in 2019 by former Qantas pilots Derek Feebrey, Fiona Church and Mitch Deam. The company previously raised a $6.3 million Series A in December 2022.

# What the product does

# Why customers use it Organisations use Trendspek to consolidate inspection findings that would otherwise live in PDFs, spreadsheets or in employees' heads. The platform gives a single, time-stamped condition record that teams can update and compare over time. Reported benefits include lower inspection costs, faster timelines and reduced high-risk work.

# Concrete customer results

• Vocus halved site mobilisation time.
• Engineering firm WGA halved inspection times on large container cranes.
• Trendspek counts customers including Chevron, Woodside Energy, NSW Ports, Grain LNG, Vocus and Canada's Suncor Energy, and has worked with the Port of Rotterdam.

# Usage and traction

# The problem Trendspek addresses Two trends raise pressure on asset owners: ageing infrastructure and a shortage of inspection and engineering capacity. The article cites a projected global infrastructure investment shortfall of US$15 trillion by 2040 and Infrastructure Australia's forecast of a 141,000-worker shortfall in infrastructure roles. Trendspek's approach focuses on getting more life out of existing assets by improving visibility into condition and change over time.

# Next technical steps Having collated seven years of inspection data, Trendspek plans to train AI models to reduce engineer time spent reviewing imagery. The models will aim to flag likely problems and automatically detect changes between inspections, letting human engineers prioritise work.

# Investor rationale OIF Ventures' investor Oliver Darwin highlighted Trendspek's inspection history and dataset as central to its value, saying the dataset compounds with each inspection and underpins a condition layer for critical assets.

# Bottom line The funding will push Trendspek into new markets and speed work on AI-driven review tools. The platform's existing customer results show measurable reductions in inspection cost and time, and the company is positioning its dataset and 3D records as a practical way to manage ageing, hard-to-replace infrastructure with fewer people and less travel.