Startups

AI-embedded perception software to handle deformable materials.

Summary

Seedtable Score
  • 50
Locations
Company Size
  • 11 to 50 employees
Last Stage Round
  • Series A
Industry

Insights

This section hypothesizes why Sewts can be a $10 billion dollar company in 10 years, in 10 lines or less.


Sewts, based in Munich, excels in AI-embedded perception software for handling deformable materials such as textiles and flexible plastics. This technology addresses a critical gap in automation, transforming traditionally labor-intensive and error-prone tasks into precise and efficient processes. By automating these operations, Sewts offers significant cost savings and boosts operational efficiency for manufacturers, providing a competitive edge over firms reliant on manual labor or less advanced automation. Investments from firms like Apex Ventures and LinkedIn highlight confidence in Sewts' innovative approach and market potential.

Total funding Amount

$7.7M

Fundraising History

  • Aug 09 '23 Series A
    $7.7M
  • Dec 01 '19 Pre Seed
    $540K

Investors

  • Apex Ventures
    Series A
  • CNB Capital
    Series A