TLDR:
- Oden Technologies, a data and AI software company for manufacturing, raised $28.5M in Series B funding.
- The funding round was led by Nordstjernan Growth, with participation from other investors.
Oden Technologies, based in NYC, secured $28.5 million in Series B funding. The funding round was led by Nordstjernan Growth, with contributions from Klarna founder Sebastian Siemiatkowski’s investment company, Flat Capital, and Recurring Capital Partners, as well as existing investors such as Atomico and EQT Ventures. The company plans to use the funds to further develop AI products that address manufacturing challenges and improve productivity. Nordstjernan Growth’s Ebba Lilliehöök and manufacturing executive Anders Berggren will join Oden’s board.
Oden Technologies, led by CEO Willem Sundblad, offers AI-driven solutions for manufacturers that turn complex data into actionable insights for employees on the front-line. By providing real-time process recommendations and predicted outcomes to operators, the company ensures that workers have the necessary information to optimize production efficiency.
