Executing the process of production lines for big manufacturing units is a complex mathematical extensive task. The London-based startup Flexciton has transformed this intricate job into an effortless automatic exercise.
Flexciton has just gone through a fund influx of €2.8 million from Backed VC, JOIN Capital and Entrepreneur First. Earlier, the startup had raised £888,000 in 2017.
Partner of Backed VC, Alex Brunicki, expressed, “Jamie and his team have ambitious plans to transform manufacturing and their beach-head product, which lies at the heart of planning and scheduling, positions them effectively to grow their sphere of influence right across the factory. The team have commercialised faster than any Industry 4.0 company we have seen to date, so it is hugely exciting to continue our support in a much more material way.”
30x faster production & 20% lower operational cost
Flexciton enables large manufacturing plants to achieve higher production through its AI-driven cloud-based production planning and scheduling solution. The cutting edge software assesses the existing production data and then develops an intelligent data model for an optimised production planning and scheduling.