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Amygda AI logo — AI for operations teams, spotting issues before they cause d...

Amygda AI

AI for operations teams, spotting issues before they cause disruption.

Founded 2020 United Kingdom London, United Kingdom 8 employees Seed Analytics

General Information

Company Name Amygda AI
Founded Year 2020
Location United Kingdom London, United Kingdom
Employees 8
Industries Analytics
Funding Stage Seed
Social

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About Amygda AI

Amygda is an analytics startup based in the United Kingdom with the slogan "Undisrupting industries." Founded in 2020, the company is focused on helping industrial organizations unlock the value of existing sensor data and provide actionable insights to increase equipment availability and reduce costs. With unplanned maintenance being up to 9 times more expensive than planned maintenance, Amygda aims to leverage Machine Learning and a 1st principles approach to forecast equipment damage and optimize maintenance schedules, thus reducing operational and maintenance costs for industrial businesses. The platform offered by Amygda houses over 200 algorithms for equipment across various industrial applications. This demonstrates the company's extensive capabilities in leveraging data to drive actionable insights for its clients. Notably, Amygda was able to secure a Seed Round investment on 18 January 2022, with Aerospace Xelerated being the investor. The founding team of Amygda comprises former engineers from Rolls-Royce and Airbus, bringing with them a wealth of experience and domain expertise in the industrial sector. Their vision is to create an industrial world without disruption, and their innovative approach to leveraging data and advanced technologies underscores their commitment to achieving this goal.

Business keywords: Predictive Maintenance, Industrial IoT, Operational Efficiency, Cost Reduction, Sensor Data Analytics, Equipment Forecasting, Maintenance Optimization, Industrial Engineering, Asset Integrity, Data-driven Insights

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 1
Aerospace Xelerated
Aerospace Xelerated
18 Jan 2022
Pre Seed Round Undisclosed 1
BrightCap Ventures
03 Feb 2021

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FAQ About Amygda AI

AI for operations teams, spotting issues before they cause disruption.
Amygda AI was founded in 2020.
Amygda AI is headquartered in London, United Kingdom.
Amygda AI operates in Analytics. Its work centres on Predictive Maintenance, Industrial IoT, Operational Efficiency and Cost Reduction.
Amygda AI has approximately 8 employees.
Amygda AI has completed 2 funding rounds. The latest funding stage is Seed.
Top alternatives and competitors to Amygda AI include Osprey Data, Withthegrid, Industrial Analytics IA GmbH, Viking Analytics, Hark. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Amygda AI and Osprey Data are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Amygda AI, https://bouncewatch.com/company/amygda, updated 1 December 2024. When citing, please name BounceWatch and link this page.

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