QVentures announces their latest investment into start-up Smartia, a Software-as-a-Service product providing artificial intelligence solutions to industrial companies.
Smartia provides AI solutions that connect and transform industrial data into actionable insights. MAIO, Smartia’s Industrial Intelligence platform, combines edge computing, big data technology and AI-driven applications to provide a complete digital solution for the manufacturing and engineering industries. The Industrial Intelligence platform gives users the tools to do jobs faster, easier and more efficiently.
The Bristol-based company targets industrial SMEs and turns their data into insights to store and interpret in a secure and cost-effective manner. Smartia also offers an AI and Machine Learning application development service that is tailored to the customer’s needs and has developed the bespoke AI applications to provide a complete digital solution for the manufacturing production deployment in mind.
Robert Walsh, Managing Partner of QVentures says: “We are proud to be supporting Smartia with this next stage of growth and are excited to be working alongside their experienced management team who have an excellent track record of both building and selling this type of software to market.”
Mauro Arruda, CEO at Smartia comments: “Working with QVentures has been an absolute pleasure, their experienced team of professionals are committed to delivering quality and excellence with our full aspirations in mind. As well as co-leading the round, we were also seeking a small number of investors to complete our round and they have delivered on point. QVentures have the clout to supercharge our growth and look forward to working closely with them.”