Smart Steel Technologies, founded in 2019, is revolutionizing the steel manufacturing industry with its AI-based process control system. Under the motto of "PRODUCTIVITY - ENERGY - PRIME QUALITY YIELD", the company aims to reduce CO2 emissions, energy inefficiencies, and quality deviations in steel and non-ferrous metals production.
Headquartered in Germany, Smart Steel Technologies merges advanced Machine Learning techniques with extensive industry expertise, offering a dynamic solution that optimizes processes in real-time. This technology is currently deployed 24/7 in large integrated and electrical steel mills, showcasing the startup's capability to handle complex manufacturing environments.
The recent Venture Round investment on 14 February 2023 by Heraeus signals strong confidence from investors in their potential to drive technological and environmental advancements within the AI, Information Technology, and Manufacturing sectors.