KIT-AR, a London, UK-based supplier of an augmented employee platform for the manufacturing business, raised £2.82M in funding.
The spherical was led by 3XP International and Blue Crow Capital, together with follow-on funding from Sintef Enterprise V, Standards Enterprise Tech and Armilar Enterprise Companions (via its NOS 5G Fund and TechTransfer fund).
The corporate intends to make use of the funds to broaden operations and its enterprise attain.
Led by CEO Manuel Oliveira, KIT-AR is an revolutionary augmented employee platform targeted on lowering the price of poor high quality in manufacturing. With places of work in the UK and Portugal, its platform leverages augmented actuality, synthetic intelligence and course of mining to establish, hint and cut back manufacturing errors within the automotive and aerospace manufacturing markets.
Since its inception, KIT-AR has been recognised for innovation, from being chosen by the Sony Startup Acceleration Program and the Boeing Aerospace Xelerated Program, to extra not too long ago taking a part of the Unicorn Manufacturing unit, a program geared toward scaling potential unicorns to fulfil their international potential.
FinSMEs
01/03/2024
