# Nortech AI AS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nortech-ai

- Industry: Software
- Headquarters: Bergen, Norway
- Website: www.nortech.ai/
- Total disclosed funding: $2.6M
- Latest round: Seed (Oct 23, 2023)
- Investors on record: 2

## About

Founded in 2021 and based in Bergen, Norway, Nortech AI AS operates as a data monitoring platform that provides the maritime industry with automated reporting, using Nortech’s Performance Manager. As of 2023, the company is led by CEO Francisco Roque. In October 2023, Nortech AI AS raised EUR 2.5 million in seed funding from investors Indico Capital Partners, Earlybird-X, and The Visionary Company & VC. 

The company provides Industrial IoT solutions for data collection and performance optimization with the aim of simplifying the transition to Industry 4.0 by offering data and insights. Nortech AI assists businesses in achieving comprehensive control over the entire process, which includes sensor data acquisition and the integration of anomaly detection and predictive maintenance models based on the collected data.

## Funding rounds

- Seed, Oct 23, 2023, $2.6M — Earlybird, Indico Capital

## Investors

- Earlybird (https://capitalatlas.ai/funds/earlybird) — Seed
- Indico Capital (https://capitalatlas.ai/funds/indico-capital) — Seed