Top 10 Startups developing AI for Manufacturing

Updated: March 04, 2024

In manufacturing AI can control universal robots, control product quality, safety measures, improve supply chain efficiency.
1
Country: USA | Funding: $311M
Bright Machines brings together intelligent software with flexible factory robots and machine learning to help our customers meet the growing demands of the next generation of manufacturing.
2
Country: USA | Funding: $286.6M
SparkCognition engages in developing AI-Powered cyber-physical software for the safety, security, and reliability of IT, OT, and the IoT. SparkCognition builds artificial intelligence solutions for applications in energy, oil and gas, manufacturing, finance, aerospace, defense, and security.
3
Country: USA | Funding: $222M
Covariant is building universal AI that allows robots to see, reason and act on the world around
4
Country: USA | Funding: $171M
Path Robotics is focused on robotic welding. The system uses scanning, computer vision and AI to adjust itself to different parts, understanding that sizing parts is a kind of imperfect science.
5
Country: Japan | Funding: $159.5M
Mujin develops automation solutions for industrial robots to simplify factory and logistics automation and increase worldwide productivity.
6
Country: USA | Funding: $158.5M
Beyond Limits is an Industrial and Enterprise grade AI technology company that covers the full range of Artificial Intelligence capabilities
7
Country: USA | Funding: $149.5M
Rethink Robotics helps manufacturers meet the challenges of an agile economy with an integrated workforce, combining trainable, safe and cost-effective robots with skilled labor. Its Baxter robot, driven by Intera, an advanced software platform, gives world-class manufacturers and distributors in automotive, plastics, consumer goods, electronics and more, a workforce multiplier that optimizes labor.
8
Country: China | Funding: $137.8M
ForwardX Robotics specializes in R&D of computer vision robots that apply to consumer and business products.
9
Country: Israel | Funding: $115.6M
Aquant‘s predictive AI technology monitors equipment, aggregates data, and helps spot equipment failure before it happens. The company’s systems operate across several verticals including Manufacturing, Life Sciences and Medical, HVAC, Communications, Computer and Office Equipment, and Home Appliances.
10
Country: USA | Funding: $108.5M
Versatile is a construction tech company that has pioneered a new, non-intrusive way to capture site performance data. The data we capture from jobsites operations gives smart insights that support users to make better decisions. Decisions that improve budgets, speed up site production and sets new standards in safety, learning, and performance.
11
Country: USA | Funding: $109M
Urbint predicts threats to workers and critical infrastructure to stop incidents before they happen.
12
Country: Israel | Funding: $106M
Buildots specializes in transforming construction sites into a data-driven digital environment. It is leveraging artificial intelligence computer vision technology to address construction inefficiencies.
13
Country: USA | Funding: $80.3M
Instrumental uses vision-powered AI to detect manufacturing anomalies
14
Country: USA | Funding: $72.5M
FogHorn is a path-breaking multi-tier IoT application deployment platform that efficiently bridges Information Technology. It provides a complete edge solution consisting of a highly miniaturized complex event processing (CEP) engine, also known as an analytics engine and machine learning (ML) capability to help derive real-time insights right at the edge.
15
Country: Brazil | Funding: $63.7M
Tractian uses AI to monitor industrial equipment
16
Country: USA | Funding: $57M
Landing AI applies AI and deep learning to help manufacturers solve challenging visual inspection problems and generate business value.
17
Country: USA | Funding: $54.2M
Rapid Robotics automates common machine operator tasks to help manufacturers solve labor shortages, scale their business and outbid competitors.
18
Country: USA | Funding: $48.3M
Machina Labs is a mechanical & industrial engineering & manufacturing firm that unlocks manufacturing through AI & machine learning.
19
Country: USA | Funding: $36.8M
Aquifi combines 3D vision and machine learning to solve problems in logistics, industrial automation, quality control and inspection.
20
Country: USA | Funding: $25.6M
Osperity's technology provides AI-driven intelligent visual monitoring for industrial operations that can result in improved safety, reduced carbon footprints, and more.
21
Country: USA | Funding: $22M
Synergies Intelligent Systems provides artificial intelligence services for what’s called an “augmented analytics” platform to help manufacturers optimize efficiency on three fronts — supply chain, yield, and production capacity.
22
Country: USA | Funding: $21.6M
Invisible AI is a next-generation computer vision company.
23
Country: USA | Funding: $21M
Quartic.ai is helping process manufacturing move to autonomous manufacturing. It provides a suite of purpose-built applications and workflows for batch and continuous manufacturing to increase adoption by users in Life Sciences, specialty chemicals, advanced materials, and energy. Quartic.ai has built proprietary sample-efficient AI to overcome the lack of large data needed for traditional machine learning.
24
Country: USA | Funding: $17.8M
Skymind makes tools for prediction, data analytics and machine perception available to all businesses via open-core deep-learning.
25
Country: Russia
Clover Group develops predictive analytics platform for industrial companies. It makes predictions about the technical condition of equipment and the manufacture of defective products
26
Country: USA | Funding: $13.6M
Bonsai offers an AI platform that empowers enterprises to build and deploy intelligent systems.
27
Country: Germany | Funding: €13.5M
Luminovo is your co-pilot for the electronics supply chain. Electronics designers and manufacturers can monitor their design, manufacturing, and supplier data and automate design, quoting, and procurement decisions. This allows them to bring products to market faster, cheaper, and more sustainable, having a significant impact on profitability.
28
Country: USA | Funding: $13.8M
ControlRooms is the AI-powered monitoring and observability tool for critical infrastructure.
29
Country: India | Funding: $8.5M
Flutura is an AI Solutions company focused on improving two core business objectives of "Asset Uptime" and "Operational Efficiency". Flutura does this with Cerebra, their AI Platform tuned for IIOT in Oil & Gas, Process Manufacturing, and Heavy machinery manufacturing industries, powering connected asset and connected operations use cases.
30
Country: Chile | Funding: $6.2M
Odd builds Odd Vision, a computer vision platform that transforms offline processes into online data without friction.
31
Country: USA | Funding: $5.5M
Kinta AI is an artificial intelligence platform which empowers the dynamic and digital factory of the future.
32
Country: USA | Funding: $5M
Sciotex is a Manufacturing AI Company and AI Consultant specializing in AI Computer Vision and Automated Test Equipment.
33
Country: Singapore | Funding: $3.7M
SixSense is an AI-powered defect analytics platform for smart manufacturing.
34
Country: Switzerland | Funding: €1.9M
ANYbotics leads the way in developing mobile robotics for industrial applications. Their autonomous legged robots solve customer problems in challenging environments so far only accessible to humans – and beyond that.
35
Country: France
Aprex Solutions develops machine vision & image analysis systems for manufacturing and service companies
36
Country: Croatia | Funding: €680K
Ascalia helps manufacturing factories increase productivity using IoT and AI
37
Country: UK
Peak provides a software platform that enables companies across sectors including retail, consumer goods and manufacturing. Peak’s data analytics-as-a-service model helps companies of all sizes use data, machine learning and AI technologies to drive growth.
38
Country: Norway
FactoryMind is the only AI driven digital twin platform for industrial innovation. Its novel integration of processes, AI modelling and many professions, brings the future of Manufacturing Execution (MES).