Zurich-based EthonAI gets €6.3 million boost to improve manufacturing quality management
Summary
Being able to spot defects and quality issues early means that customers are happier, fewer products (and money) are wasted, and a brand’s reputation is strengthened. The Zurich-based team claims that current users, which include the likes of Siemens, Roche, and Lindt & Sprüngli, have enjoyed significant increases in productivity and over 50% reduction in quality losses. We already use them in multiple Siemens factories in Europe and the US—and are currently scaling the EthonAI platform to other sites.” Now, with this new funding boost, the startup will further develop its proprietary tech and bring its product suite to a wider market. EthonAI CEO Dr. Julian Senoner: “We are thrilled to have the support of Earlybird and La Famiglia as we continue to grow and expand our product platform. We believe that EthonAI’s tools can help companies improve efficiency, reduce costs, and ultimately produce higher quality products.
Funding
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