Italian startup Quindi, which develops AI solutions to optimize production flows, has secured €525,000 in a seed funding round to advance its AI Production Copilot for the manufacturing industry, as Vestbee was told. The fresh capital comes from Open Venture and Considi.
- Founded in 2022 by Fabio Oscari, Simone Minto, Luca Barbazza, and Alberto Frison, Quindi develops AI-powered solutions to optimize manufacturing processes.
- The startup's flagship product, the AI Production Copilot, combines data from machinery, orders, and personnel to streamline workflows and enhance operational efficiency.
- By delivering real-time insights and proactive guidance, the platform enables companies to reduce waste, conserve energy, and better utilize resources, driving more sustainable production practices.
Details of the deal
- The seed round was led by Open Venture, an Italian venture capital firm that supports early-stage B2B startups, and Considi, a consultancy specializing in Operations & Innovation Management and Lean principles.
“Optimising processes by rethinking instructions based on accurate and organized data enables companies to reduce waste. In this sense, becoming a partner of Quindi allows us to make an impactful contribution, with a focus on organizations and people, but also with energy savings that translate into a positive impact on the environment," President of Open Venture, Virginia Filippi, commented in a press release.
- Quindi will use the funds to advance product development, enhance AI capabilities, and improve data collection and deployment.
- The investment will also support marketing efforts and facilitate expansion into European and US markets while contributing to the team's growth, which is set to double by 2025.
"The collaboration with Open Venture is a concrete help for the growth of our solution. There is not only the economic aspect, but also the possibility to optimize our business model and to face together the market challenges that await Quindi, thanks to the support and expertise of a group of managers with many years of apex experience," co-founder and CEO of Quindi, Fabio Oscari, stated in a statement.
