DesignX, a Noida-based hyper-automation company, has secured $1 million in a pre-Series A funding round led by Piper Serica Angel Fund. Founded in 2015 by Rajat and Nishant Srivastava, the company specializes in transforming manufacturing shop floors with its flagship Df-OS platform. The funds will be used to expand operations across APAC, Japan, and Europe, focusing on AI-driven analytics and sustainable practices. DesignX serves industries like automotive, FMCG, and consumer electronics, helping factories reduce waste and carbon footprints while modernizing outdated processes. With a growing market valued at $34 billion annually, the company has already digitized over 10,000 processes in more than 500 factories, partnered with major players like Unilever and Hero MotoCorp, and secured 405+ customers. #DesignX #ShopfloorAutomation #HyperAutomation #Sustainability #AIinManufacturing #StartupFunding #ManufacturingTech #SmartFactories #Innovation #Startup77
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🚀 Breaking Boundaries in Digital Manufacturing! 🚀 DesignX just raised $1 million in a pre-Series A funding round led by Piper Serica Angel Fund, bringing its mission of hyper-automation in manufacturing closer to reality. Founded by Rajat Srivastava and Nishant Srivastava, this startup is reshaping factory floors through Df-OS, a platform for real-time analytics and sustainability. 🔍 What’s unique about DesignX? Transforming the Factory Floor: DesignX’s Df-OS optimizes productivity while reducing waste and CO2 emissions. It’s serving heavyweights like Unilever, Hero Moto, and Dabur across automotive, FMCG, and electronics industries. Global Expansion Plans: With fresh capital, DesignX is expanding to APAC, Japan, and Europe, aiming to double its customer base and increase real-time machine connectivity in the next few years. Sustainability Impact: Beyond tech, Df-OS supports eco-friendly operations, enabling manufacturers to reduce their carbon footprints. 🌐 Industry Growth Potential As the factory process application market grows towards $34 billion annually, DesignX aims to capture a substantial 50% market share over the next decade. Their vision to "Disrupt without Disruption" is poised to support the manufacturing industry's shift to digital without requiring massive infrastructure investments. 💬 Thoughts? How do you think hyper-automation will impact the manufacturing sector in the coming years? #ManufacturingInnovation #DigitalTransformation #Sustainability #HyperAutomation #DesignX
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Valeo, a world leader in mobility technologies, partnership with Dassault Systèmes. Valeo will rely on Dassault Systèmes’ “Global Modular Platform” and “Smart, Safe & Connected” industry solution experiences based on the 3DEXPERIENCE platform to accelerate the digital transformation of the Group’s research and development activities. With the 3DEXPERIENCE platform, multiple activities across Valeo will be able to capitalize on existing legacy data to boost innovation and take informed decisions leveraging intelligent data by benefiting from technology on the platform that is always up-to-date. Christophe Périllat, Pascal Daloz, ANKIT SHUKLA, Oviya Ethiraj Read more - https://lnkd.in/gNXTEGii To share your startup story write us on - [email protected] #Valeo #DassaultSystèmes #3DEXPERIENCE #development #innovation #technology #research #acquisition #acquisitionnews #news #startup #startupnews #startuprise
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Supply Chain News of the Day: There were few bright spots in supply chain tech dealmaking over the past quarter. Startups raised $2.3 billion across 126 deals in Q3, which marks a QoQ decline of 15.4%. Major deals included Mytra Series B $50m, Yodel $109m, Altana Series C $221m and Pyka $40m. There were also 11 acquisitions, 1 public listing and 5 buyouts reported during the quarter.
Q3 2024 Supply Chain Tech Report | PitchBook
pitchbook.com
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Forge Demand Day – Your pathway to technology-powered & innovation catalysed industrial transformation Forge Innovation & Ventures is organizing Demand Day at FORT.Hosur on December 6th, 2024, to promote the seamless adoption of hardware tech from startups, by showcasing the startups’ transformative potential, allowing industry executives to identify ideal partners for long-term growth & transformation. Manufacturing companies have traditionally been buyers and users of technology. Over the past couple of decades, however, we have witnessed a paradigm shift in the way industrial companies have forayed into developing technologies and translating them into operating capabilities across value chains - from raw materials to production, products, distribution, logistics, and retail - now transitioning into becoming co-creators and investors in cutting edge technologies. Through Process Innovations and Product Innovations, industrial enterprises have the option to unleash the power of key emerging technology domains to unlock enormous value, to deliver excellence and to drive growth and transformation. This Demand Day will spotlight eight operational use cases shared by industrial companies such as Gabriel India Limited, Sundram Fasteners, Knitvel Needles, and Viatris, matched with the innovative capabilities of eight Phy’gital tech startups. These startups have collaborated closely with these companies to gain deep insights into operational challenges, refining their offerings into ready-to-deploy solutions proven to address the challenges with minimal customization, ensuring accelerated deployment. Reach out to us to be a part of this journey and accelerate your organization’s transition into the intelligence age! #ForgeDemandDay #innovation #industrialtransformation #openinnovation Vish Sahasranamam | Dr. B.L.Lakshmi Meera | Aritro Ghosh | Dinesh Subburaj | Arun Suresh | Upasana Srinivasan | Karthik Das | Viswanath Srinivasan | Manigandan S | Saravanakumar Subburaj | adhi lkm | Tamilazhagan T | MadoX Technologies Pvt. Ltd. | IoTReady.co | Suzhiyam Industrial Machines Private Limited | augurai | JIDOKA Technologies Pvt.Ltd | Deliverain Research & Solutions | Robonetics Automation Solutions LLP | Goat Robotics
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Cognyx, has successfully raised €1.7 million in pre-seed funding to revolutionize hardware design processes! Cognyx aims to help manufacturers "design hardware at software speed" by addressing a critical challenge in the industry: the slow and fragmented nature of engineering R&D cycles. The company has developed an innovative platform that unifies scattered technical and product data across various IT systems, significantly accelerating the creation and optimization of Bills of Materials (BOMs). Funding led by Bpifrance Digital Venture, with participation from prominent business angels in the French and German startup ecosystems. Cognyx's solution bridges the gap between traditional manufacturing software (ERP, PLM, MES) using knowledge graphs The platform enables real-time collaboration on a unified "super-BOM," allowing engineers and stakeholders to resolve technical conflicts quickly This innovation aims to shorten Time to Market, optimize product design, and improve quality in manufacturing processes. As part of the OSS Ventures family, we're incredibly proud of Cognyx's progress and vision. This funding will accelerate the development of their groundbreaking technology, including AI capabilities, to transform the manufacturing industry. Congratulations to co-founders Matthias Berahya-Lazarus and Deon van der Vyver, and the entire Cognyx team on this significant milestone! #manufacturing #Innovation #Startup #FundingNews #OSSVentures
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In a global market where innovation distinguishes leaders from followers, staying ahead of technological advancements is crucial. 🚀 T-Hub’s Corporate Innovation program is tailored to address specific open innovation challenges and leverage opportunities within key industries, driving transformative outcomes. 🛡 Defence and Aerospace: Innovate and secure strategic advantages with advancements in defence technologies. 🏎 Automotive: Revolutionize the automotive landscape by embracing innovations in EV, autonomous driving, and sustainable mobility. ⚙ Manufacturing: Streamline your operations and integrate Industry 4.0 technologies to enhance efficiency and sustainability. 🌿 Sustainability: Become a leader in eco-innovation by embracing green technologies and circular economy practices. 💰 Fintech: Stay ahead in the fintech revolution by reshaping banking, financial services, and insurance sectors through cutting-edge technologies and partnerships. 💉 Healthtech: Transform the healthcare industry with digital health solutions and patient-centric care innovations. Foster a culture of innovation, accelerate growth, and amplify your open innovation capabilities with T-Hub. 🔗 To know more about T-Hub’s Corporate Innovation programs, visit https://lnkd.in/gi2wuBhv Sujit Jagirdar | Avinash Kedari | Vishnu Teja T | Rajesh D (Raj) | Dheeraj Singh Rawal | Sushovan C. | Ashia Avasthi | Richa Rana #InnovatewithTHub #InnovationEcosystem #CorporateInnovation #Entrepreneurship #DesignThinking #OpenInnovation #DigitalTransformation #Agile #Scalability
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Excited to announce my investment in Invendor, a groundbreaking startup that's set to transform the industrial supply chain landscape. 🔥 Invendor is revolutionizing the industry with their #AI-enabled self-checkout software and hardware solutions tailored for industrial distributors. Their innovative product features cost-efficient lockers and AI-based inventory algorithms, which significantly speed up inventory processes. With the ability to support multiple distributors, Invendor is creating a seamless self-checkout experience that addresses inefficiencies faced by approximately 80,000 distributors worldwide. The potential impact on the $17.7 billion market is enormous, and I'm thrilled to be a part of this journey. 🚀 Beyond my investment, I've been working closely with Invendor to help them scale their product efficiently. With their vision and our combined efforts, we’ve already made significant strides in optimizing their solutions and laying the foundation for global scale. 📈 It’s an exciting time for industrial supply chains, and I’m eager to continue contributing to Invendor’s journey as they revolutionize the industry. #startups #innovation #AI #supplychain #logistics #venturecapital
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Q: Michal, how much can I save with logistics digital twins? A: Our record is cutting 17 of 37 forklifts. In CEE, it's 1 million in OPEX: 1️⃣ RTLS (Real-Time Locating Services) helps you to see what precisely your logistics guys are doing. And you will be surprised 😉 2️⃣ And with our Automated Ordering System (understand an Uber for factories), you can manage the logistics and... Reduce micro-stoppages in the production. How much are you losing there right now? Just asking... Need to know more? Visit www.twinzo.eu or drop me a message 😉 ----------- Follow Michal Ukropec for more 3D, digitization, and Industry 4.0 trends | #innovation #startup #digitaltwin
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Innovation helps us to support our customers’ growth. Driving efficiency, reducing costs, delighting customers and keeping people safe are crucial elements to enable our customers to do business better. W2 Labs, Wincanton’s global search for disruptive technology to transform our customers’ businesses, this year focuses on finding solutions in three categories: ⚙️Robotics to drive flexibility, increase capacity and improve efficiency in the warehouse – and to ultimately achieve a smoother customer experience 🚚Digital transport to improve decision-making and foster cost savings and sustainability, streamlining customer experiences 🔒Security & resilience to protect the safety of our people, our operations and the security of our customers’ assets Discover more about W2 Labs: https://ow.ly/QeRg50QWt1Z #startups | #innovation | #logistics | #technology
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10 Nordic fashion-tech startups innovating the industry - - - - #NordicFashionInnovation #FashionTechPioneers #NordicFashionTech #InnovativeFashionStartups #SustainableFashionNordics #FashionRevolution #EcoFashionNordics #TechFashionInnovation #NordicFashionForward #FashionIndustryInnovation
10 Nordic fashion-tech startups innovating the industry
https://scandinavianmind.com
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