Quindi, a Padua, Italy-based AI Production Copilot for Manufacturing, has raised €525k in the first tranche of a seed funding round.
Investors
The round was led by Open Venture, with participation from consultancy Considi S.p.A. The startup plans to close the second tranche by 2025.
Open Venture is a venture capital vehicle specializing in industrial innovation under the Open Advisory and ELIS Group ecosystem.
Quindi Use of Funds
This funding will help Quindi enhance its AI algorithms, expand its team, and support international growth, including entry into the European and US markets by 2025.
About Quindi
Founded in 2022, Quindi develops an AI-powered solution called the "Production Copilot", which integrates real-time data from machines, orders, and staff to optimize production flows. This technology helps manufacturers address machinery anomalies or workforce absences by providing targeted instructions to operators and enabling production managers to reschedule workflows, minimizing disruptions and waste. Quindi’s technology is already used by Bianchi Bicycles and EPTA Group.
Funding Details
Company: Quindi
Raised: €525k
Round: Seed Round
Funding Date: December 2024
Lead Investor: Open Venture
Additional Investor: Considi S.p.A.
Company Website: https://www.quindi.ai/
Software Category: AI Production Copilot
Source: https://www.eu-startups.com/2024/12/padua-based-quindi-raises-e525k-to-accelerate-development-of-its-ai-production-copilot-for-smart-manufacturing/