# PANDA

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

- Industry: Software
- Headquarters: Hamburg, Germany
- Website: https://de.panda.technology/
- Total disclosed funding: $1.4M
- Latest round: Seed (Oct 10, 2019)
- Investors on record: 3

## About

Based in Hamburg, Germany, and co-founded by Ingo Kaiser (CEO) and Florian Ellerkamp (COO/CFO) in 2017, PANDA GmbH operates as a developer and provider of artificial intelligence-based software solutions to industrial enterprises. In October 2019, the firm raised EUR 1.3 million in Seed funding led by investor High-Tech Gründerfonds with participation from another investor Innovationsstarter Fonds Hamburg.

The company through its technology platform provides Intelligent Data Infrastructure (IDI) solutions for industrial production lines, to address the key challenges faced by manufacturers. Panda's IDI platform offers a range of solutions that includes sensor drivers, software for edge devices and virtual machines, algorithms, and visualization tools. IDI platform enables the rapid deployment of artificial intelligence (AI) based sensors, cameras, algorithms, prebuilt services, machine interfaces, and dashboards to generate relevant information for industrial applications such as to minimize and anticipate downtimes, reduce waste, and improve the overall quality assurance process. Additionally, the platform is capable of handling diverse data sources, including machine and sensor data, and supports AI-ready data acquisition, etc. For plant managers, IDI offers automated quality assurance, detects wear at an early stage, finds optimal machine settings, identifies design flaws avoids operating errors, understands malfunction, and systematically tracks KPIs.

## Funding rounds

- Seed, Oct 10, 2019, $1.4M — High-Tech Gruenderfonds, Innovationsstarter Fonds Hamburg
- Seed, Sep 21, 2018 — Argonautic Ventures

## Investors

- Argonautic Ventures (https://capitalatlas.ai/funds/argonautic-ventures) — Seed
- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed
- Innovationsstarter Fonds Hamburg (https://capitalatlas.ai/funds/innovationsstarter-fonds-hamburg) — Seed