Warsaw-based edge AI startup CTHINGS.CO has secured over €1.8 million (PLN 8 million) in funding from Navivo Capital. The investment will support the company's expansion into the North American market.
- Founded in 2020 by engineer and entrepreneur Arnold Wierzejski, CTHINGS.CO develops edge AI, IoT, and distributed infrastructure orchestration software. Its platform helps organizations across industries like logistics, energy, Industry 4.0, and smart critical infrastructure manage connected devices, applications, and data remotely, automate operations, and improve security across IoT ecosystem.
- According to the company, the volume of data generated outside traditional data centers is set to grow rapidly. By 2030, the number of IoT devices deployed across factories, logistics networks, critical infrastructure, commercial facilities, and industrial environments worldwide could reach 39 billion.
Details of the deal
- The investment comes from Navivo Capital, a PFR-backed Polish venture capital fund focused on AI, robotics, and medical technologies.
- To date, CTHINGS.CO has raised over €8.3 million. The fresh capital will allow the company to accelerate its expansion in North America, strengthen its sales efforts, and continue developing its platform.
