[Ann Arbor, MI] – Khenda is proud to announce the successful closure of its seed funding round, raising a total of $1.75 million. This milestone investment will fuel the company's mission to deliver innovative solutions that enhance both continuous improvement and real-time production monitoring in manufacturing.
The funding round included Diffusion Capital Partners (DCP), Simya VC, and Koç Group Companies' First Private Equity Investment Fund. The proceeds will be directed towards advancing Khenda’s Continuous Improvement Platform and Vision MES platform, expanding market reach, and accelerating the adoption of AI-powered technologies in the manufacturing ecosystem.
“With the support of our investors, we are poised to transform the way manufacturers monitor and optimize their operations, providing comprehensive solutions for both continuous improvement and real-time insights,” said Aykan Ekici, Co-CEO of Khenda.
Khenda offers two flagship solutions:
Continuous Improvement Platform: A cloud-based SaaS solution that uses AI for cycle time measurement, line balancing, and engineering analysis.
Vision MES: An AI-powered real-time production monitoring system that gathers machine and operations data. It helps manufacturers improve overall equipment effectiveness (OEE) by tracking downtime and identifying inefficiencies without requiring costly hardware.
Simya VC highlighted Khenda's transformative potential "Khenda, with its innovative solutions, is poised to revolutionize production processes and play a key role in the digital transformation of the industry. Especially with their newly launched Vision MES product, they aim to onboard small and medium-sized enterprises as customers. We firmly believe in the team’s success and potential." said Selma Bahcıvanoglu, Managing Partner at Simya VC.
Khenda’s innovative platforms have already garnered the trust of various manufacturers, including Ford Automotive, LG Electronics, Philips, Hengst, and ISAIC. These companies leverage Khenda’s solutions to enhance their production efficiency, streamline operations, and achieve significant cost savings. This technology investment will enable Khenda to further innovate and support manufacturers in achieving unparalleled productivity and operational excellence.
To learn more about Khenda’s platforms and their transformative impact on manufacturing, visit https://www.khenda.com and https://www.visionmes.com
About Khenda:
Khenda is an AI technology provider offering innovative solutions for manufacturing efficiency. Its continuous improvement platform focuses on AI-driven cycle time measurement, line balancing, and engineering analysis, while the Vision MES platform delivers real-time production data to analyze machine performance, detect inefficiencies, and increase productivity.
Contact: Brandon Bartel
U.S. Sales Representative
Khenda | Vision MES
E-mail: brandon.bartel@khenda.com