With its software platform, Workerbase links machines, processes, materials, and people in real time. The latter are integrated into workflows via wearables. In this way, the startup wants to help solve production-related problems. When a specific problem arises, Workerbase’s solution automatically assembles a team that has the necessary skills to solve it. In doing so, it also takes into account the location and availability of employees.
According to CEO and co-founder Norman Hartmann:
“Our main goal with series A financing is to make manufacturing processes more dynamic. Static manufacturing processes and systems are no longer fit for today’s times. Workerbase combines human and machine intelligence to create a fully dynamic production environment based on real-time information. We call this Dynamic Process Execution (DPE).”
In line with these goals, the funds from the now-completed series A will flow into further development of the software platform. The 10 million euros raised come from California-based deeptech investor Almaz Capital, Porsche Ventures, and Bayern Kapital. Porsche itself, like Siemens, Festool, and other industrial companies, is among Workerbase’s customers. Additionally, existing investor Point Nine participated in the round.
“Workerbase has the potential to transform the manufacturing software industry”
Patrick Huke, head of Porsche Ventures Europe & Israel, says:
“Digital transformation has already been part of the production environment for some time and will continue to have a major impact in the future. Companies need to remain flexible to adapt at any time and integrate improvements. Workerbase has the potential to transform the manufacturing software industry by helping companies digitalize manual processes and react quickly in a constantly changing production environment. We look forward to supporting the Workerbase team in the future as an investor and partner.”
Monika Steger, managing director of Bayern Kapital, adds:
“Workerbase has developed a smart software platform that contributes significantly to solving fundamental problems in the manufacturing industry. It eliminates lengthy process structures and identifies inconsistencies at an earlier stage – this strengthens the efficiency and flexibility of the manufacturing process.”
Aniruddha Nazre, partner at Almaz Capital, is also convinced:
“Workerbase transforms production processes by breaking them down into small individual activities. Their Dynamic Process Execution software opens up completely new possibilities for increasing operational flexibility. We see a great need for this type of software on the market and enormous growth opportunities.”
Startups strengthen Bavaria as a business location
For Hubert Aiwanger, economic minister of the Free State of Bavaria, Workerbase is also an example of the state’s successful economic policy:
“With Growth Fund Bavaria 2, we have been supporting young Bavarian high-tech companies in the more mature development phase for two years now. Workerbase is one of many examples of a technology that originated in Bavaria and where strong local manufacturing expertise has been transformed into an innovative product. We need many such startups in Bavaria. For it is precisely these that contribute to strengthening our business location. The growth fund is important and reliable seed financing.”
