Deltia.ai, a Berlin, Germany-based computer vision software company, has secured €4.5 million in seed funding.
Investors
The round was led by Cavalry Ventures, with participation from existing investor Merantix. Nico Peters and Willi Tscheschner (both founders of Signavio), Max Viessmann (CEO of the Viessmann Group), Walter Kortschak (Firestreak Ventures), Christian Dahlen, Edward Grefenstette (Google DeepMind), Robin Capital, and Combination Ventures, also participated in the round.
Cavalry Ventures is a Berlin-based pre-seed and seed venture capital investor that backs European enterprise and consumer software startups contributing to a better future. The company has invested in over 50 companies across multiple funds, with notable investments including Aleph Alpha, Flip, Forto, PlanRadar, Spread, and Usercentrics.
Deltia.ai Use of Funds
The company will use the funds to accelerate customer onboarding, enhance AI capabilities for machining processes, and integrate customer IT systems’ data. They also plan to increase their go-to-market team to expand their product reach to more factories in the next 18-24 months.
About Deltia.ai
Founded in 2022 by Maximilian Fischer and Silviu Homoceanu, Deltia.ai provides a platform that uses AI and computer vision to provide analytics on manual operations efficiency and suggests improvements. The company offers a solution by using visual digitization to convert manual production processes such as assembly, packaging, and machinery adjustments into digital formats. The algorithm used by the company analyzes factors like hand movements and cycle times to identify any unnecessary steps, thereby proposing ways to improve the process. Deltia.ai’s solutions cater to machinery manufacturing, electronics production, and logistics industries.
Funding Details
Company: Deltia GmbH
Raised: €4.5M
Round: Seed Round
Funding Month: April 2024
Lead Investors: Cavalry Ventures
Additional Investors: Merantix, Nico Peters, Willi Tscheschner, Max Viessmann, Walter Kortschak, Christian Dahlen, Edward Grefenstette, Robin Capital, Combination Ventures
Company Website: https://www.deltia.ai/
Software Category: AI-based Process Analytics Platform
Source: https://siliconcanals.com/news/startups/germanys-deltia-ai-bags-4-5m/