Silicon Republic May 7, 2024
Co-founder Dr Paul Byrnes, who has previously developed AI for Apple and IBM, said Mavarick is on a mission to ‘give every factory an AI data analyst’.
Mavarick AI, the Limerick-based software start-up that has developed a platform to help manufacturers become more sustainable, announced today (7 May) that it has raised €1.3m in a pre-seed funding round led by Act VC.
Founded by Dr Paul Byrnes and Koen Jasper, Mavarick AI’s platform generates real-time information to help manufacturers make better decisions. The aim is to provide factories with an AI data analyst and help them achieve additional capacity, reduce machine downtime and increase profitability.
Mavarick is currently working with the likes of Volkswagen Group – one of the world’s...