Market & RegulationInvestment · $15M
Hive raises $15M for AI-driven industrial automation
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Why it matters
- →Hive's technology could significantly reduce operational costs in industrial sectors by 80%.
- →The startup's approach to autonomy-as-a-service could transform how industries like construction and warehousing operate.
- →This funding round positions Hive to expand its innovative solutions into new markets, including the US.
Hive, a physical AI startup, has raised $15 million in a pre-Series A round led by SuperSeed. The company, originally from Norway and now headquartered in London, is developing a 'silicon brain' to automate industrial machines, potentially reducing operational costs by 80%. Hive's technology is already in use across several Scandinavian sites and aims to expand to the US. The funding will support platform development, talent acquisition, and commercial scaling.
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