The Munich-based software company Embedded Ocean has successfully completed its late seed extension round. In addition to existing investors Christoph Bergner, Volker Warzecha, and co-founder Michael Maximilian Schwarz, Italian entrepreneur Alessandro Fracassi is now also participating for the first time.
The Munich-based startup, founded at the beginning of 2020, has Xentara developed a solution for real-time machine communication. It is designed to connect all existing systems and protocols used by a manufacturing company and to complement them with new technologies and standards. The platform thus offers companies an easy entry into data-driven production processes – starting with individual smart machines and extending to the final vision of the Industry 4.0, the self-optimizing “Smart Factory”.
With Xentara, Embedded Ocean addresses key challenges of industrial digitalization. The platform acts as a software interface between the real world and digital applications, especially AI-supported systems. The goal: to achieve a new level of efficiency, productivity, and sustainability and pave the way to Manufacturing X.
Fresh capital for market expansion and technology depth
With this multi-million euro financing, the startup intends to consistently continue its growth path. Priorities include the further development of the Xentara technology platform, the deepening of strategic partnerships, and accelerated market expansion.
New investor Alessandro Fracassi brings not only capital but also operational experience. Since 2007, he has built a pan-European FinTech group that is now listed on the Italian stock exchange. His expertise in scaling innovative software companies is considered strategically valuable for Embedded Ocean.
With the expanded late-seed financing, Embedded Ocean aims to lay the foundation for the next stage of scaling. Xentara is expected to establish itself as a central technological infrastructure for digital transformation in the manufacturing industry.
