Almetra Raises €16.3 Mn in Series A Round

Manufacturers today face challenges such as labor shortages, rising costs, and increasing competition. Many factories still rely on manual monitoring and disconnected systems making it difficult to identify problems and improve productivity.

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Almetra aims to solve this issue with a platform that brings together video data, machine information, IT systems, and operator knowledge into one system. Its AI-powered cameras are installed above production lines and process video locally, converting it into useful production data such as cycle times, output rates, and equipment usage without requiring complex IT integration.

Maximilian Fischer, co-founder and CEO of Almetra, said, "Many manufacturers know they are losing production capacity but lack the visibility to understand where inefficiencies occur. He said the platform helps factories identify optimisation opportunities within weeks, enabling teams to make decisions based on operational data rather than guesswork."

Almetra has built strong privacy protections into its platform. Video footage is anonymized, most data stays within the factory, and only short, randomly selected video clips are stored for investigating production issues.

The company’s AI models are specifically designed for manufacturing environments. They can adapt to each customer’s production processes to provide more accurate insights and recommendations.

The new funding will be used to improve Almetra’s platform, expand its operations in the United States, and further develop its shopfloor intelligence and automation technology.

In the future, Almetra plans to add more automation features, including the use of robotics in selected manufacturing environments, to help factories operate more efficiently.