Augmented Industries raises €4.5M pre-seed for faster, AI-guided workflows
Munich-based industrial AI company Augmented Industries has secured €4.5 million in pre-seed funding. This investment, led by b2venture with contributions from other prominent venture capital firms, marks a significant step towards advancing AI-guided workflows in the industrial sector, showcasing continued European interest in AI driven innovation. Augmented Industries' funding round included participation from 1st Kind by Peugeot Family, xdeck, DnAventures, and other industry players. The company specializes in developing AI solutions to streamline industrial processes, aiming to increase efficiency and reduce operational costs, focusing on providing AI solutions for faster and more efficient workflows. This funding is expected to accelerate the development and deployment of their AI-powered solutions. The rise of companies like Augmented Industries highlights Europe's growing digital sovereignty ambition to create indigenous alternatives to global tech leaders. This investment could further bolster Europe’s position in the AI market.
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