Elementary Receives Strategic Investment From Rockwell Automation

Funding Rounds

▤ Summary

The amount of the deal was not disclosed. The company intends to use the funds to continue enhancing its product offerings. Led by CEO and Founder Arye Barnehama, Elementary provides AI-powered quality solutions combined with industrial control systems that enable closed loop quality – preventing future defects by providing feedback. Commenting on the news, Arye Barnehama said: “This partnership ushers in an exciting chapter for us, promising innovation, growth, and the pursuit of excellence in AI-powered machine vision and quality solutions and how they deliver value alongside the top industrial and automation controls platform in North America.”

$ Funding

$
Amount - Total raised
□
Date May 8, 2024 Announcement date
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Investors Rockwell Automation Lead investors
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Company - Funded company

▥ Classifications

industries
EduTech - institutions
applications
Web and Content Management

◇ AskAI Classifications

Labels
Industrial Automation Software Manufacturing Software Enterprise Resource Planning (ERP) Software

▦ Linked Companies