KIT-AR
69 Wilson Street, London, EC2A 2BB, United Kingdom
Overview
KIT-AR provides an augmented worker platform that leverages augmented reality, artificial intelligence and process mining to identify, trace and reduce production errors. The company focuses on lowering the cost of poor quality in the automotive and aerospace manufacturing markets. It has offices in the United Kingdom and Portugal and is led by CEO Manuel Oliveira. KIT-AR plans to use the new funding to expand operations and broaden its business reach. Since its inception it has been recognized by programs including the Sony Startup Acceleration Program, the Boeing Aerospace Xelerated Program and the Unicorn Factory. KIT-AR offers an augmented worker platform focused on increasing quality and efficiency in production, logistics and quality control by combining AR and AI to identify, trace and reduce production errors. The company targets customers in the automotive, aerospace and electronics manufacturing industries and has deployed initial industrial customer validations. KIT-AR was spun out of UCL and SINTEF and is incorporated in the United Kingdom with a subsidiary in Portugal, reflecting a strong research and innovation background. Its solution is patent-pending and the team has adopted 5G technology to boost the effectiveness and efficiency of its platform. KIT-AR has earned visibility through programs such as the Sony Startup Accelerator Europe and the AWS/NOS 5G Accelerator. The company states its ambition to become the reference platform for augmented workers and is actively engaging manufacturing companies to scale adoption.
- Total raised
- $6M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Mar 2024
Industries
- Augmented Reality
- Industrial Manufacturing
- Information Technology
- Manufacturing
- Quality Assurance
Recent funding
Equity
Mar 2024
$4M
Seed
Jun 2022
$2M