Participated · Seed · Jun 2022

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.

Participated · Seed · Aug 2021

Musiversal operates a subscription platform that lets members browse a roster of more than 100 musicians, book online recording sessions, and immediately download stems. Members pay $249 per month for access to the service and the company reports more than 1,000 members and about 100,000 sessions a year. The startup positions an all-you-can-record subscription model as a key differentiator versus rivals that charge collaborators a la carte. Musiversal plans to use its new funding to continue building its platform, including adding production, co-writing, and marketing options for members. The company emphasizes that the subscription removes financial pressure, allowing users to experiment and iterate freely. Musiversal is headquartered in Portugal. Musiversal is a music-production platform that lets musicians and studio producers streamline the production process, covering mixing, mastering, engineers, beatmakers and singers. Through a monthly subscription it enables musicians, producers and sound engineers to participate in recording sessions directly from home. The platform reached the milestone of 3,000 recording sessions per month in 2021. Musiversal intends to use the new funds to accelerate growth of its music production-as-a-service offering and to quadruple its user base. The recent seed round plus public support have brought total funding to €2.51M to date. The company was created in September 2020 by CEO André Miranda and is based in Lisbon, Portugal.