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Deltia.ai raised €4.5M in seed funding led by Cavalry Ventures to combat manufacturing labor shortage using AI and computer vision

May 01, 2024•about 1 year ago

Amount Raised

€4.5 Million

Round Type

seed

BerlinManufacturingSoftware

Investors

Combination VenturesRobin CapitalEdward GrefenstetteChristian DahlenWalter KortschakMax ViessmannWilli TscheschnerNico PetersMerantixCavalry Ventures

Description

Berlin-based Deltia.ai, a computer vision software company, completed €4.5M in a seed funding round led by Cavalry Ventures, with participation from existing investor Merantix. The company plans to use the funds to accelerate customer onboarding, enhance AI capabilities for machining processes, and increase their go-to-market team to expand their product reach to more factories in the next 18-24 months.

Company Information

Company

Deltia.ai

Location

Berlin, Berlin, Germany

About

Berlin-based Deltia.ai is a computer vision software company that offers solutions for machinery manufacturing, electronics production, and logistics industries by using visual digitization to convert manual production processes into digital formats.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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