SCHOTT AG has taken a lead role in the Series B financing round of Swiss startup NNAISENSE.
 
Founded in 2014 and based in Switzerland and the US, the company is one of the leading research teams worldwide in the field of artificial intelligence.
 
The team around Chief Scientist Prof. Dr. Jürgen Schmidhuber leverages a 25-year proven track record in AI to build large-scale neural network solutions for superhuman perception and intelligent automation. The developed solutions can be used for intelligent automation processes to leverage ever more advanced levels of efficiency and control during the complex glass production process.
 
“As part of its participation, SCHOTT will receive a seat on NNAISENSE’s Board of Directors and I am confident that its business expertise and insight will benefit NNAISENSE going forward,” said Dr. Faustino Gomez, CEO of NNAISENSE

“NNAISENSE is seeking to apply state-of-the-art machine learning knowledge to complex industrial production processes with the ultimate goal of creating general-purpose artificial intelligence,” Dr. Schmidhuber said.

Added Dr. Jens Schulte, CFO and member of the Board of Management of SCHOTT: "NNAISENSE is at the forefront of international AI research. We are confident that they will be a global leader in applying advanced AI solutions to complex industrial processes. This partnership will help us lift productivity in production processes further.”
 
SCHOTT also recently entered into acquisition agreements with Primoceler Oy, a Finnish pioneer in glass micro-bonding, and invested in Smart Skin Technologies, a Canadian company, specializing in the development of Industry 4.0 Big Data solutions.