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Finnish startup CloEE raises €520k to accelerate AI-driven process manufacturing
- Helsinki-based startup CloEE raises €520k in pre-Seed funding to scale its AI-powered platform for discrete manufacturing in the Nordics, Italy, and the US.
- The funding round was led by angel investor Miro Vertanen and the Innovestor Angel Co-fund, with additional participation from Cariplo Iniziative and FiBAN members.
- CloEE addresses manufacturers' need for affordable, plug-and-play AI solutions to improve equipment efficiency by analyzing data directly from industrial machines.
- The platform has expanded within clients' facilities organically, currently being piloted by a US customer for a possible three-year contract.
- CloEE, founded in 2022, leverages generative AI for real-time data analysis from equipment, MES, and ERP systems to drive continuous improvement in manufacturing operations.
- The startup has already generated significant revenue growth and improvements in energy consumption and operational efficiency through AI implementation.
- CloEE's solution focuses on optimizing overall equipment effectiveness (OEE), automating operations, enhancing productivity, and reducing quality defects.
- The company's flexible deployment options include on-premise, offline, or cloud setups, requiring minimal time and cost for implementation.
- Global AI in manufacturing market is projected to reach over €199.5 billion by 2034, driven by AI automation, predictive maintenance, and quality control technologies.
- CloEE emphasizes user-friendly AI platforms for future engineers, aiming to address anticipated skill shortages in advanced digital manufacturing roles.
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