Swiss startup Forgis raises €3.8 million to automate industrial machines as Europe confronts Asia’s manufacturing lead
Forgis, a Swiss startup, secured €3.8 million in pre-Seed funding to automate industrial machines, signaling a growing trend in European efforts to enhance industrial intelligence. The company's focus is on developing software to modernize industrial operations and address inefficiencies prevalent in older manufacturing systems. This investment highlights the increasing investor interest in European industrial automation and physical-AI startups, as the continent looks to close the industrialization gap with Asia. Forgis's software integrates with existing factory setups, connecting machines and robots to create a unified layer that adapts production logic. Initial trials with European manufacturers have demonstrated significant improvements, including reduced configuration times by up to 60% and downtime by 30%, while increasing throughput by approximately 20%. The funding round was led by redalpine, with participation from Massimo Banzi, co-founder of Arduino, and other investors from DeepTech and manufacturing sectors. The development underscores the strategic importance of digital transformation within the European industrial sector. It aims to empower European manufacturers to improve efficiency and competitiveness in the face of global competition. The investment in Forgis reflects a broader trend of European investments in industrial intelligence, with Switzerland leading the way. This investment trend is a reaction to China's rapid industrialization, specifically its growth in industrial robot usage, which has far surpassed other regions. By integrating intelligent software, Forgis enables manufacturers to reshore production and enhance operational performance.
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