Invisible Ai Raises $15M To Stick Worker-Monitoring Cameras In Factories
Sep 28, 2022•about 3 years ago
Amount Raised
$15 Million
Description
The rise of so-called “smart factory” technologies is leading to a race to modernize manufacturing plant and warehouse floors. Old equipment is being replaced by newer, more advanced machinery as manufacturers look to keep pace with the competition — and wrestle with high turnover rates. According to a survey by Plex Systems, 50% of manufacturers accelerated their adoption of automation and digital systems during the pandemic. A separate report from The Harris Poll, commissioned by Google, found that two-thirds of manufacturers were using AI in their day-to-day operations as of June 2021.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech