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TLDR:
- Momenta leads the seed round for Composabl, a company focused on industrial AI and autonomy.
- Composabl’s unique approach allows engineers to deploy real-time autonomous agents for manufacturing and logistics.
Momenta Leads Investment in Composabl, Expanding Industrial AI and Autonomy
Momenta, a leading Industrial Impact® venture capital firm, has led the seed round for Composabl, a trailblazing company at the forefront of industrial AI and autonomy. Other notable investors such as Ridgeline Ventures, Exposition Capital, and Hannah Gray Ventures also participated in the investment, which will drive advancements in industrial processes. Composabl’s unique approach to autonomous AI empowers engineers to create real-time process optimization AI agents for manufacturing and logistics.
Co-founded by Kence Anderson, Composabl aims to help industrial corporations deploy autonomous agents that can make real-life decisions for complex systems. Momenta’s investment will support the growth of Composabl’s platform and market presence.
Composabl is the sixteenth company receiving investment from Momenta’s Digital Industry Fund III, anchored by Advantech, and the first company to receive investment from Momenta’s Digital Industry Fund IV, anchored by Rockwell Automation.
Kence Anderson, CEO of Composabl, emphasized the importance of having an investor who understands the industrial market. Momenta’s Managing Partner, Michael Dolbec, praised Composabl’s dedication to creating trustworthy Industrial AI agents that align with the vision for industrial technology.
Rockwell Automation and Advantech both expressed their support for the investment in Composabl, recognizing the potential for collaborations in the industrial AI and autonomy space.
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