Productive Machines Raises £2.2M in Seed Funding
Summary
Productive Machines, a Sheffield, UK-based artificial intelligence (AI) startup reducing lead times, cycle times, maintenance, component waste and carbon emissions for major manufacturers, raised £2.2m in Seed funding. The company intends to use the funds to deliver its AI technology as a fully-automated Software-as-a-Service (SaaS) product and expand its team of eight people to more than 20. Founded by Dr Erdem Ozturk (CEO) and Dr Huseyin Celikag (CTO), Productive Machines is commercialising the results of a six-year The University of Sheffield Advanced Manufacturing Research Centre (AMRC) research project on machining dynamics. The company has developed a computational model to predict and mitigate the influence of these harmful vibrations at every stage in metal and composite milling jobs. It uses a digital twin to determine the best parameters for each machine tool and production run, eliminating wasteful configuration experiments and ensuring that milling jobs are right the first time.