What does akeno do?
akeno is an AI-based real time production planning software provider that helps industries such as chemicals, pharmaceuticals, food and beverage, and metalworking optimize their production processes while reducing inventories and enhancing energy efficiency.
How much did they raise?
The company raised €4.5M in Seed funding with the round led by Cusp Capital, TS Ventures, and another.vc.
What are their plans for the money?
akeno plans to use the funds to expand its operations and extend its business reach globally, which could significantly enhance production planning efficiency across multiple industries.
What have they achieved so far?
The platform has already been adopted by notable customers including BASF Coatings, the Beckers Group, and SunChemical, demonstrating its effectiveness and market traction.