EthonAI's technology allows it to merge multiple datasets to conduct analysis and spot previously unknown relationships between processes, equipment and yield rates. The company claims to work with a leading semiconductor producer to improve yield rates. CEO Julian Senoner highlighted the importance of AI in manufacturing, stating that factories produce vast amounts of data and AI is key to unlocking insights to drive operational excellence.
Key takeaways:
- Swiss startup EthonAI has raised CHF 15 million ($16.5 million) in a Series A round of funding for its AI models that can identify defects in products during the manufacturing and assembly process.
- EthonAI's technology can combine data from across a company’s manufacturing setup to identify areas of improvement and compare performance across multiple facilities.
- The company has high-profile customers including Siemens and Lindt, and is particularly focused on the semiconductor manufacturing sector.
- EthonAI works with a leading semiconductor producer to merge multiple datasets for analysis and spotting unknown relationships between processes, equipment, and yield rates.