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Enterprise Applications Series A Founded 2019

sewts

Provider of software solutions for industrial robots. It offers a 2D and 3D vision system to process images for material handling in multiple industries. It uses computer vision technology for image processing and to collect data from sensors. It caters to laundry, sewing, consumer electrics, food, manufacturing, and packing sectors. The company was founded in 2019 and headquartered in Munich, Germany. It has raised…

📍 Munich, Germany · Manufacturing Tech,

Funding snapshot

Last roundSeries A
Amount$8M
Date9 August 2023
Total raised$8M
Team size37

About

Provider of software solutions for industrial robots. It offers a 2D and 3D vision system to process images for material handling in multiple industries. It uses computer vision technology for image processing and to collect data from sensors. It caters to laundry, sewing, consumer electrics, food, manufacturing, and packing sectors. The company was founded in 2019 and headquartered in Munich, Germany. It has raised $7.7M in series a funding, with backing from Emerald Technology Ventures, Constantia New Business, EquityPitcher Ventures, Nabtesco Technology Ventures, and others. The company operates in the Enterprise Applications - Manufacturing Tech, Industrial Goods and Manufacturing - Manufacturing Tech, High Tech - Industrial Robotics space. Its offerings span Manufacturing Tech - Robotics - Material Handling.

Business model

Manufacturing Tech > Robotics > Material Handling,

Industrial Robotics > Robot Manufacturers > Material Handling > Pick and Place > Robotic Arms

Institutional investors

Emerald Technology Ventures Constantia New Business EquityPitcher Ventures Nabtesco Technology Ventures Bayern Kapital APEX Ventures HTGF ESA BIC Bavaria & Northern Germany Initiative for Industrial Innovators UnternehmerTUM Gfmcapital Kites Hnbcapital Michael Ruoff Markus Holzl

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