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Panda Raises €1.3M in Seed Funding
Panda, a Hamburg, Germany-based Industrial AI startup, raised €1.3m in seed funding.
Backers included:– The High-Tech Gründerfonds (HTGF),– Innovationsstarter Fonds Hamburg (IFH) and– business angels.
The company intends to use the funds for product development and expansion of the team.
Led by Michael Welsch, Co-Founder and CEO, Panda provides an all-in-one system for minimizing plant downtimes and performance deficits in the production process.
The solution detects the error in the production process with the help of Artificial Intelligence and solves the biggest problems in industrial production. | To read full story, visit https://startuparound.com/read/1575930610.3975275/Panda-Raises-€1.3M-in-Seed-Funding?ref=audio_experience
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By Startup AroundPanda, a Hamburg, Germany-based Industrial AI startup, raised €1.3m in seed funding.
Backers included:– The High-Tech Gründerfonds (HTGF),– Innovationsstarter Fonds Hamburg (IFH) and– business angels.
The company intends to use the funds for product development and expansion of the team.
Led by Michael Welsch, Co-Founder and CEO, Panda provides an all-in-one system for minimizing plant downtimes and performance deficits in the production process.
The solution detects the error in the production process with the help of Artificial Intelligence and solves the biggest problems in industrial production. | To read full story, visit https://startuparound.com/read/1575930610.3975275/Panda-Raises-€1.3M-in-Seed-Funding?ref=audio_experience