[Funding alert] Belgium-based Azumuta Secures €2.8M in Funding For Further International Growth
Oct 6, 2023 | By Team SR
Belgium-based Azumuta Secures €2.8M in Funding, led by Further International Growth Investors include the Flemish investment company PMV, Angelwise, and four private investors.
It’s a problem that many SMEs and larger companies in the manufacturing industry need help with the lack of adequate supervision, quality control, and training for their employees. Too often, this leads to mistakes and inefficiencies on the shop floor, which is not always known by those in the upper management, leading to hidden turnover losses.
Read also - French SaaS Firm, Scnd” Raises €4 million in Funding
RECOMMENDED FOR YOU
Ghent-based Azumuta, founded by Batist Leman in 2016, offers an innovative solution by developing software that supports employees at different levels in the production process and offers the management team a better view of their company’s performance on the shop floor.
Read also - Finnish AI Governance Startup Saidot Raises €1.75M Seed Round Funding
Founder and CEO Batist Leman explains: “In many companies today, instructions and quality controls for operators are only available on paper. Not only are they unclear and not up to date, but the possibility of feedback and analyses are also lacking. Our software offers clear work instructions and in-line quality control, which automatically adapts to the operator’s skills and the configuration of the product order. Azumuta visually and interactively guides the operator through the entire production process. This allows even less experienced people to participate productively right away, increases productivity, and quickly detects any inefficiencies in production.”.
Huge Potential: Azumuta’s platform is designed for various industries, including manufacturing, logistics, and chemicals. With built-in real-time analytics and reporting, companies can easily monitor performance and identify areas for improvement in terms of efficiency and quality.
Read also - German Climatetech Startup Purpose Green Raises €3.3 million in Funding
Competitive Advantage: Azumuta outclasses many international players because they often offer only one module and often require separate programming based on a specific customer problem. Azumuta differentiates itself by integrating several complementary modules into the same platform.
Read also - French cybersecurity Firm Nano Corp has Raises a $4.2 million Seed Round Funding
About Azumuta
Azumuta is located in the heart of Ghent, with its office in the Kouter business district. “To enjoy the dynamics of this city, we occasionally take advantage of the many restaurants nearby,” the team adds.
Read also - Ukraine-based Product Development Company Trinetix Raises $10 million in Funding
For international customers, the origin of the name “Azumuta” lies in the Japanese word “始めた,” or “I started.” It stands for different values: An action, a new beginning, a personal commitment and responsibility, self-assurance and hope. When asked further, Azumuta conveys that the Ghent dialect may also have something to do with it.
Read also - Hungary-based Startup Flawless Secures $2.2 Mn in Seed Funding