EthonAI raised $16 million in funding led by Index Ventures to enhance AI-powered manufacturing processes.
Amount Raised
$16 Million
Round Type
Funding Round
ZurichManufacturingSoftwareArtificial IntelligenceMachine LearningInvestors
Description
EthonAI, a startup utilizing artificial intelligence to optimize manufacturing processes for global-scale manufacturers, raised $16 million in a funding round led by Index Ventures. The company's 'causal AI' models have already proven effective in improving efficiency for clients such as Siemens, Lindt & Spruengli, and Roche.
Quick answer
EthonAI raised $16 Million in a Funding Round round, dated May 30, 2024. Investors: Earlybird Venture Capital, Founderful, General Catalyst and Index Ventures. EthonAI is based in Zurich, Zurich, Switzerland.
- How much did EthonAI raise?
- EthonAI raised $16 Million in a Funding Round round on May 30, 2024.
- Who invested in EthonAI?
- Earlybird Venture Capital, Founderful, General Catalyst and Index Ventures are named as investors in this round.
- What does EthonAI do?
- EthonAI is an AI-powered platform that detects, monitors, and prevents quality defects in manufacturing.
- Where is EthonAI based and how big is it?
- EthonAI is based in Zurich, Zurich, Switzerland.
- Who are the decision-makers at EthonAI?
- Fundz holds 1 contact at EthonAI, including the Co-Founder | CTO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Software around the same time
Companies in the same sectors as EthonAI that raised within 45 days of this round, from Fundz verified event records.
- Pivot Robots raised an undisclosed amount (Seed) on July 1, 2024.
- Better Futures raised $541K (Pre-Seed) on June 27, 2024.
- trail raised $1.6M (Pre-Seed) on July 11, 2024.
- Hui raised $27M on July 11, 2024.
- Rohirrim raised an undisclosed amount (Series A) on July 10, 2024.
- Simplismart raised $7M (Funding Round) on July 10, 2024.
Who to call at EthonAI, and when
A new round usually means EthonAI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day EthonAI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at EthonAI, from your own LinkedIn network
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Related People
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