Berlin-based Juna.ai, a company specialising in industrial process control through AI-driven automation, announced on Monday that it has emerged from stealth and raised $7.5M (approximately €7.1M) in Seed funding round.
The funding round was led by Kleiner Perkins in participation from Norrsken VC as well as business angels, including John Doerr and ellipsis venture.
The German company will use the funds to accelerate the development and deployment of AI-enabled facilities, which in turn will allow it to expand its team and establish new headquarters in Berlin.
Juna.ai: Optimising complex manufacturing facilities
Matthias Auf der Mauer and Christian von Hardenberg founded Juna.ai with a mission to tackle one of the biggest challenges in heavy industries— decarbonising and optimising complex industrial processes.
The company does this by optimising complex manufacturing facilities into intelligent, self-learning systems that operate autonomously.
As a result, this will lead to increased production efficiency, reduced energy consumption, and a lower carbon footprint, reflecting our profound commitment to environmental sustainability.
The company’s technology is applicable across a wide range of industries, including chemical, steel, paper, cement, textile, and food processing.
The investor
California-based Kleiner Perkins is a venture capital firm that specializes in investing in early-stage, incubation, and growth companies.
Through twenty venture funds and four growth funds, the VC has invested $10M in hundreds of companies including pioneers such as Amazon, Spotify, Slack, Genentech, and Google.
“We’re thrilled to support Juna AI in their mission to revolutionize the manufacturing industry,” says Josh Coyne, partner at Kleiner Perkins.
“Their innovative approach to agentic process control addresses some of the most pressing challenges facing manufacturers today, from energy efficiency to talent shortages,” adds Coyne.
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