This startup raised $10 million to bring AI to old factories

Image for article This startup raised $10 million to bring AI to old factories
News Source : Business Insider

News Summary

  • Harmoni, which makes custom tablets and AI software for factory floors, has raised $10 million in Series A funding led by Bessemer Venture Partners.
  • The funding comes as the US tries to reindustrialize after years of offshoring.
  • Harmoni has around 40 customers and expects to add another 10 this month, with aerospace and defense making up its largest customer segment.
  • "We've built this specifically to arm these guys to compete with these autonomous factories," cofounder David Caputo told Business Insider.
Harmoni cofounders David Caputo and Adam EllisDavid Caputo and Adam Ellis Harmoni has raised $10 million from Bessemer Venture Partners to modernize factory floors.

Must read Articles