Tomorrow Things, a Bonn, Germany-based developer of an AI-powered Operating System for machines on the internet, raised €1.5M in funding.
The round was led by High-Tech Gründerfonds (HTGF) and neoteq ventures, supported by Notion Capital, Robin Capital, and a number of business angels specializing in fundraising, marketing, and B2B SaaS (Christian Noske, Maximilian Eichler, Thomas Lang, Thomas Hollwedel, and Markus Doetsch).
The company intends to use the funds to continue the development of an AI-powered Operating System for machines on the internet.
Founded by Oliver Habisch, Dr. Christian Dierolf, Ankur Srivastava, and Marcel Zimmerling, Tomorrow Things is an intelligent automation platform that creates digital twins of technical assets to simplify and accelerate the complex digitalization of machines and connect them to the industrial internet.
Tomorrow Things’ SaaS solution “Cloud Connect” consists of an intelligent automation tool that creates digital twins of machines. These digital twins offer real-time virtual replicas of physical assets, processes, and even entire factories, with which manufacturers can run simulations to rehearse different scenarios before implementing them in reality. This allows them to optimize production lines, predict potential issues, and make informed decisions without impacting real-world operations. Digital twins collect and analyze data from sensors, machinery, and other sources, providing valuable insights into performance, efficiency, and potential problems. This data empowers manufacturers to make data-driven decisions rather than relying on intuition or guesswork.
FinSMEs
25/03/2024