3 years ago

KIT-AR Raises €2 Million for Augmented Reality Production Line Tech

  • KIT-AR, a London-based startup specializing in augmented reality (AR) for production lines, has secured €2 million (£1.7 million) in seed funding

  • The round was co-led by Armilar Venture Partners and Caixa Capital Risc

  • KIT-AR's technology uses AR and AI to help employees on production lines spot, track, and minimize errors

  • The company aims to improve efficiency and reduce downtime in manufacturing sectors like automotive, aerospace, and electronics

  • The funding will support the company's growth and expansion.

      • ProblemTechnology

      "Frontline workers in industrial companies are facing increasing challenges, such as having to execute more complex instructions in less time, which can lead to production downtimes and defects."

      Solution

      "KIT-AR uses augmented reality (AR) and artificial intelligence (AI) to help employees on a production line spot, track, and minimize production errors. This technology can be used in the automotive, aerospace, and electronics manufacturing sectors."

      Covered on