Momenta Partners (Momenta)
Canvas Category Consultancy : Company : Venture Capital
We are Industrial Impact Venture Capital + Growth. We see digital technologies redefining the boundaries of IT and OT, bringing about the virtualizing of traditional operating technology systems, and blurring the line between products, services and solutions. We believe this digital convergence requires an equally multi-faceted perspective and practice – which is why we designed Momenta. We accelerate entrepreneurs and leaders devoted to the digitization of energy, manufacturing, smart spaces, and supply chains. Since 2012, our team of deep industry operators have made over 100 investments in entrepreneurs and helped scale over 150 industry leaders via our award-winning executive search and strategic advisory practices.
Assembly Line
Momenta leads Series A investment round for Agtonomy, joined by Doosan Bobcat North America and Toyota Ventures
Momenta, the leading Industrial Impact venture capital firm, announced today that they have led the Series A funding round for Agtonomy, a leading software and services company specializing in advanced autonomous and AI solutions for agriculture. The $22.5m round was joined by strategic investors Doosan Bobcat North America, Inc. and Toyota Ventures.
Rockwell Automation Makes Strategic Investment in Momenta Fund
Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, today announced its investment in Momenta’s Industry 5.0 Fund, a venture capital and value creation fund that supports entrepreneurs focused on resilient, sustainable, and human-centric industrial operations, providing Rockwell early access to innovative technology that has the potential to disrupt industrial markets and increase sustainability.
Switzerland-based Momenta launched the $100 million fund in cooperation with the EU Commission to support start-up companies working to advance the Commission’s Industry 5.0 initiative. The initiative highlights research and innovation as drivers for a transition to a sustainable, human-centric, and resilient industry, moving the focus from shareholder value to stakeholder value. It puts people at the center by empowering them with information and technology to make decisions with clarity and confidence. Aimed at early growth-stage innovators driving the digital transformation of energy, manufacturing, smart spaces, and supply chains, the Industry 5.0 Fund will deliver venture capital investment and direct value-creation to entrepreneurs in Europe and North America.
♻️⚙️ Germany's Tvarit gets €5M to pave way for AI in sustainable metal manufacturing
Tvarit, a Frankfurt-based startup that’s on a journey to enable zero-waste manufacturing, has raised €5 million in the latest funding round led by Switzerland-based Momenta (also backed Smartex) and Futury Capital. Momenta leads the Series A round for Tvarit, an Industry 5.0 solution driving net-zero metal manufacturing”. The funding will help the German startup to accelerate zero-waste manufacturing through AI-powered, waste-free, and energy-efficient metal manufacturing.
Raven.ai Raises $12 Million USD and Completes Series A Financing
Raven, a leading provider of data contextualization software for frontline operations, announced today the successful completion of its Series A funding round, completing $12 million USD ($16M CAD) equity financing. The round was led by Momenta Ventures and Chartline Capital Partners with participation from Celtic House Venture Partners and Export Development Canada as well as continued support from prominent angel investors.
Raven is the only solution that combines and analyzes operator input and machine data to provide a clear timeline of all production states and losses — with context for everything that’s happening on the line, 100% of the time. Leading manufacturers in the Discrete, Life Sciences and Food and Beverage industries are using Raven’s solution to empower frontline, engineering and management teams to make confident, fact-driven productivity improvements on the shop floor. “Raven provides visibility we’d otherwise be guessing at,” said Justin Brennan, Director of Operational Excellence at Renaissance Lakewood.