The company, described as making production lines AI-ready, is working on technology that decodes industrial control systems across vendors and turns them into a unified data model. The goal is to give manufacturers better visibility into production processes and enable autonomous optimisation in real time.
The raise comes as European manufacturers face mounting pressure from global competition, including the rise of highly automated factories in China and continued restructuring across Germany’s industrial base. Linexa says the new capital will be used to further develop its technology and help manufacturers navigate a more demanding operating environment.