Reported 4 months ago
Index Ventures has led a $16 million funding round for EthonAI, an AI manufacturing startup founded by Julian Senoner, Bernhard Kratzwald, and Torbjorn Netland. EthonAI uses 'causal AI' models to improve manufacturing processes for clients like Siemens, Lindt & Spruengli, and Roche. The investment was made by Index Ventures, along with General Catalyst, Earlybird, and Founderful, emphasizing the importance of data-driven decisions in today's factory operations.
Source: YAHOO