7 years ago
Flexciton Secures £2.5 Million Seed Funding to Optimize Manufacturing with AI
Flexciton, a UK-based AI startup, has raised £2.5 million in a seed funding round led by Backed VC
The company's AI-powered platform optimizes production planning and scheduling for manufacturers, enabling them to improve efficiency and capacity utilization
The funding will be used to expand the team and accelerate product development.
ProblemTechnology
"Planning and scheduling production in a typical manufacturing plant is incredibly complex and time-consuming, leading to inefficient operations and missed opportunities for optimization."
Solution
"Flexciton uses AI to optimize multi-step production lines, making production decisions 30 times faster than traditional methods and achieving over 10% efficiency gains for manufacturers."