United Manufacturing Hub bags €5m to power a shared data backbone for factories
United Manufacturing Hub (UMH), an industrial data management platform, has secured €5 million in funding to build a foundational data layer for global manufacturing. This investment, led by KOMPAS VC, underscores the growing need for robust data infrastructure in the rapidly evolving landscape of digital manufacturing. The platform aims to address the challenges of data silos and proprietary systems within factories, facilitating efficient data utilization. UMH's solution, Unified Namespace, creates a real-time data hub by unifying industrial data. The platform connects machines, sensors, and IT systems through standardized interfaces, then cleans and contextualizes their data. This approach enables applications to access a single source of truth without custom integration work, which can dramatically speed up digital transformation efforts. The platform provides ready-to-use capabilities such as operational KPIs, energy and resource tracking, and industrial AI applications. Leading industrial organizations like HiPP, Edeka, and Böllhoff are already using UMH to digitize their factories. The company aims to provide European manufacturers with the data backbone they need to compete globally, and the fresh capital will be used to enhance the open-source platform. The funding will support wider connectivity, product development, advanced data modeling and AI agents. By providing a reliable, shared data foundation, UMH intends to accelerate industrial AI and innovation, potentially positioning itself as a leading player in the industrial data space.
To provide multilingual access, this article summary was automatically generated.
Source Information
European Alternatives You Might Like
Mangopay
Mangopay is a payment infrastructure provider specializing in payments for marketplaces and platforms. It offers virtual wallet technology for managing funds, enabling features such as split payments, multi-currency support, and KYC/AML compliance. Key functionalities include automated payouts, transaction monitoring, and customizable payment flows. This service is primarily aimed at businesses that manage marketplaces, crowdfunding platforms, and sharing economy models and require complex payment solutions. Mangopay distinguishes itself by offering a flexible and scalable payment solution specifically designed for platform-based business models, allowing them to control cash flows and streamline payment processes.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.