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KIT-AR

Extended Reality
Product stageSegments
Seed
?
AR/VR platforms
?

UK-based KIT-AR combines AR and AI technology to offer solutions to production assembly workers in industries such as automotive, aerospace, and electronics to detect, track, and minimize production errors.

The company was spun out of University College London and Norwegian research institute SINTEF. Its solutions include 1) KIT-Build for digitizing procedure documents and checklists, 2) KIT-Assist for step-by-step instructions overlaid on top of equipment, 3) Kit-Smart for automatic quality assurance checks and 4) KIT-Insight which automates the quality assurance process by collecting data from processes carried out.

Key customers and partnerships

Notable customers include Airbus, furniture assembly company Royo and robot manufacturing company Comau.

Funding and financials

The company’s latest funding round was in February 2024, where it raised EUR 3.3 million (~USD 3.6 million) led by 3XP Global and Blue Crow Capital. Proceeds were earmarked to speed up global growth, enlarge its workforce, and advance its goal of being the primary platform for augmented workers in the manufacturing industry.


Extended Reality

Extended Reality

Key stats
Featured companies
239
Total funding (USD)
13.6 Bn
Total addressable market (USD)
100.4 Bn
Key competitors
 
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Product Overview
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Company profile
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Recent Updates

Funding
Feb 27, 2024
KIT-AR raises EUR 3.3 million in venture funding to scale team and accelerate global growth
Extended Reality
Funding
Jun 23, 2022
KIT-AR raises GBP 1.7 million in seed funding
Extended Reality

Company Brief


HQ location:
London GBR
Founded year:
2018
Employees:
11-50
Total Funding:
USD 6.9 million
Last Funding
USD 3.6 million, Feb 2024

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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