Overview
Cologne-based United Manufacturing Hub (UMH) has raised €5 million to enhance its open-source industrial data management platform, addressing the challenge of fragmented data in manufacturing. The funding round was led by Kompas VC, with participation from several investors including Seed + Speed Ventures and notable angels. UMH aims to unify industrial data into a real-time hub, facilitating better connectivity and scalability for factories, thereby enabling digitalization and AI applications in the sector.
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$5.4M
Investors: Kompas VC, Seed + Speed Ventures
Cologne-based United Manufacturing Hub (UMH) has raised €5 million to enhance its open-source industrial data management platform, addressing the challenge of fragmented data in manufacturing. The funding round was led by Kompas VC, with participation from several investors including Seed + Speed Ventures and notable angels. UMH aims to unify industrial data into a real-time hub, facilitating better connectivity and scalability for factories, thereby enabling digitalization and AI applications in the sector.