Seebo offers a Predictive Quality and Yield Solution that enables manufacturers to identify process-driven inefficiencies in their production processes, resulting in predictive recommendations and the prevention of production losses. Having infused its AI algorithms with deep process manufacturing expertise, the solution is able to understand each individual production process. The company’s customer base includes manufacturers in various industries, such as Nestlé, PepsiCo, Barilla, General Mills, Mondelez, Škoda, and Lindt. The company reported a 400% YoY growth over 2020, with a spike in demand by manufacturers amid the Covid-19 pandemic.
In March 2021, the company raised USD 24 million in an extended Series B funding round to continue improving its process-based AI solution, “Predictive Quality and Yield Solution,” and for further global expansion. Vertex Ventures, which invested in the Series B round in July 2020, reported that it observed its initial investment tripling in nine months.
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