Assembly Line

Momenta Leads Investment in Composabl, Expanding Industrial AI and Autonomy

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Composabl, Momenta, Advantech, Rockwell Automation

Momenta leads the seed round for Composabl, a trailblazer in industrial AI and autonomy, joined by Ridgeline Ventures, Exposition Capital, and Hannah Gray Ventures. Composabl’s unique approach empowers engineers to deploy real-time autonomous agents for manufacturing and logistics, supported by Momenta’s investment and industry endorsements.

Composabl’s unique approach to autonomous AI represents a step change in industrial process capabilities and will drive advancements and efficiency for manufacturing and logistics. Built for industrial process engineers, not data scientists, Composabl helps create real-time process optimization AI agents, driving toward autonomous operations. Momenta’s investment will provide Composabl with the resources and support needed to accelerate the growth of its platform and market presence.

This is the sixteenth company receiving investment from Momenta’s Digital Industry Fund III, anchored by Advantech, the world leader in digital industrial solutions. This is also the first company to receive investment from Momenta’s Digital Industry Fund IV, anchored by Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation.

Read more at PRWeb

Advantech Partners with Leading Robotics Engine Platform MOV.AI to Accelerate Autonomous Mobile Robot Development

📅 Date:

🔖 Topics: Partnership, Autonomous Mobile Robot

🏢 Organizations: Advantech, MOV.AI

Advantech, a leading provider of industrial computing platforms, is pleased to announce its partnership with MOV.AI, a mobile robotics software solutions provider. The goal of this collaboration is to streamline the creation of autonomous mobile robots (AMRs) by providing robot manufacturers and integrators access to both cutting-edge industrial computing technology and a powerful software platform for building, deploying, and running intelligent robots.

Advantech’s rugged hardware can be integrated with MOV.AI’s Robotics Engine Platform™, making it easier to develop and deploy Autonomous Mobile Robots (AMRs) for businesses. This collaboration provides a solution to address the growing need for faster time-to-value, flexibility, improved efficiency, and higher productivity in manufacturing and logistics.

Read more at PR Newswire

Advantech and Altizon Partnership Accelerates Industry 4.0 Transformation for Sustainable, Efficient Digital Factory Operations

📅 Date:

🔖 Topics: Partnership

🏢 Organizations: Advantech, Altizon

Advantech, a leading provider of industrial Internet of Things (IoT) hardware and automation technology, and Altizon, a global software provider of Industrial IoT platform, Datonis Digital Factory, are proud to announce the launch of their joint solution designed for ease of transformation to a smart factory.

The solution bundle includes specially selected Advantech edge hardware and Altizon’s Datonis Digital Factory platform, pre-validated and pre-installed to ensure smooth deployment. Altizon’s platform provides a ready-made suite of applications that digitize critical operational functions, such as production, maintenance, quality, energy and sustainability.

Read more at Altizon News