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Intropy Raises €9.5 Million Seed Funding to Transform Spare Parts Industry with AI

Jul 31, 2026 | By Oliver Bennett

Intropy Raises €9.5 Million Seed Funding to Transform Spare Parts Industry with AI

London-based startup Intropy has raised €9.5 million ($11 million) in a Seed funding round.

SUMMARY

  • Intropy has raised €9.5 million ($11 million) in a Seed funding round led by Felix Capital.
  • The round also included Quiet Capital, General Catalyst, and firstminute capital.
  • The new funding will support product development and business growth.

The funding round was led by Felix Capital, with additional investments from Quiet Capital, General Catalyst, and firstminute capital.

Intropy uses artificial intelligence (AI) to automate important tasks such as inventory management, pricing, and decision-making for businesses that sell and manage spare parts.

“The physical economy is sustained not only by what we build, but by our ability to keep it working. Spare parts make that possible, yet many of the industry's most important decisions still rely on fragmented systems and manual work. We are not interested in adding another dashboard on top of that complexity. We are building an AI-native operating system that can make and execute decisions autonomously, at scale and speed. The future is here, and we are ready to serve an industry that technology has overlooked for far too long,” said Franziska Kirschner · Co-founder and CEO

“Every machine made from multiple components will eventually need spare parts, whether it is a car on the road today, an autonomous vehicle of tomorrow or a robot supporting humanity on Mars. We're building the intelligence layer that understands the extraordinary complexity of spare parts: what fits, how it performs and when it is needed, so parts businesses can make better decisions. Our goal is to make that complexity invisible, with intelligence working quietly in the background. The best user experience is when the user needs to do nothing at all,” said YihKai Teh · Co-founder and CTO

Founded in 2024 by Franziska Kirschner and YihKai Teh, Intropy is building an AI-powered platform for the spare parts industry. It helps spare parts distributors, manufacturers, and recyclers manage their operations more efficiently.

The platform uses AI to improve important decisions like inventory and pricing, replacing spreadsheets, outdated software, and time-consuming manual work.

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