Traditional manufacturing management systems often rely on manual processes and legacy technology. This is where Irish startup Mavarick AI brings a paradigm shift in the industry. Using AI to analyse real-time data, the company enables sustainable manufacturing through AI.
Raises €1.3M funding
In a recent development, Mavarick AI, which supports sustainable manufacturing, has raised €1.3 million in pre-seed funding. The investment round was led by Act VC and supported by a collection of successful founders.
The company plans to deploy the funding to expand its team, enhance its platform, and scale its operations to meet the growing demand for AI-driven manufacturing solutions. Also, it is actively recruiting talent to join its mission of shaping the future of manufacturing.
Sustainable manufacturing made possible
Mavarick AI, founded by Dr. Paul Byrnes and Koen Jasper, works with VW Group to support its net zero vision. Having grown up on the factory floor and developed AI solutions for Apple & IBM, co-founder Dr. Paul Byrnes wants to bring the manufacturing industry into the new world of AI first.
It revolutionises the manufacturing industry with its AI-powered manufacturing management platform. By leveraging advanced artificial intelligence technology, Mavarick AI’s platform helps manufacturers optimise operations, enhance sustainability initiatives, and drive productivity gains. This empowers manufacturers to make informed decisions that prioritise sustainability while enhancing efficiency and driving bottom-line results like a 10%+ energy reduction and 15%+ increase in production.
Mavarick AI is committed to providing every factory with its own AI Data Analyst through its platform. This AI Data Analyst is specific to the unique factory environment of the customer it was trained in and will empower factories to unlock the full potential of their proprietary data, providing answers to improve efficiency and uncover a clear pathway for manufacturers to balance profitability and sustainability.
Maverick AI co-founder Dr. Paul Byrnes said, “We believe that every factory, regardless of size or location, should have access to the transformative power of AI. We want to give every factory an AI Data Analyst trained in that unique environment. We are democratising applied AI and levelling the playing field for sustainable manufacturers around the world.”
“We are excited to support Mavarick AI in their mission to solve big painful problems for manufacturers around data, efficiency, energy, and carbon emissions,” said Andrew O’Neill Principal at Act VC. “Manufacturing is on the verge of a data-driven revolution but these are complex problems. This team has a unique ability and understanding of these problems and have a chance to build real value for manufacturers.”
