Akeno, a startup based in Hamburg, has successfully raised â¬4.5 million in seed funding led by Cusp Capital to further develop its innovative AI-based production planning software. Founded in 2021, Akeno aims to transform outdated production systems in sectors such as chemicals, pharmaceuticals, and food processing. By utilizing real-time operational data, the software allows for automated adjustments and planning, tackling challenges like equipment failures, raw material variations, and fluctuating production schedules. This technology enhances operational efficiency and positions Akeno as a vital contributor to the digital transformation in manufacturing industries across Europe.
Akeno uses the increasingly available operational technology data for AI-based, real-time optimised production planning. The solution achieves impressive results such as higher plant utilisation and reduced working capital.
The focus is currently on the chemical industry, but other batch industries such as pharmaceuticals and food are also benefiting. However, many companies are still working with outdated tools and reactive processes.
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