When was Industrial Next founded?

Industrial Next was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Industrial Next located?

Industrial Next is headquartered in San Francisco, United States.

How many employees does Industrial Next have?

As of Aug 31, 2026, the latest employee count at Industrial Next is 17.

Is Industrial Next a funded company?

Industrial Next is a funded company, having raised a total of $12.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 2022.

How much is Industrial Next worth?

The latest valuation of Industrial Next is $***** as of Mar 01, 2022.

When was the latest funding round of Industrial Next?

Industrial Next's latest funding was a $***** Series A round on Apr 27, 2025, with participation from 2 investors.

Where does Industrial Next rank among its competitors?

Industrial Next ranks 12th amongst 161 active competitors, of which 15 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Luffy AI, which secured $10.8M in Jul, 2026.

Who are the top competitors of Industrial Next?

Industrial Next's top competitors include Litmus, Luffy AI and Xaba. Among them, Luffy AI secured the most recent funding round in July, 2026.

Industrial Next - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of AI-powered robotic systems for automating manufacturing processes. The company provides AI systems that use sight and touch to perform complex manufacturing tasks. These systems can be deployed and commissioned quickly, adapting to changes in manufacturing processes and parts across industries. The technology enables cost-effective reshoring of manufacturing by addressing labor shortages and supply chain difficulties.

Website: industrialnext.ai
Email ID: *****@industrialnext.ai

Key Metrics

Founded Year

2021

Location

San Francisco, United States

Stage

Series A

Total Funding

$12.5M in 3 rounds

Latest Funding Round

Series A, Apr 27, 2025, $*****

Post Money Valuation

$***** as on Mar 01, 2022

Investors

Y Combinator & 5 more

Ranked

12^th among 161 active competitors

Employee Count

17 as on Aug 31, 2026

Similar Companies

Litmus & 155 more

View Industrial Next's full profile

Industrial Next is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Industrial Next Inc. CIN: 873510811 , United States, Active	Sep 15, 2022	-	5 (As on Dec 31, 2024)	-

Industrial Next has raised a total funding of $12.5M over 3 rounds. Its first funding round was on Mar 2022. Its latest funding round was a Series A round on Apr 27, 2025 for $*****. 2 investors participated in its latest round. Industrial Next has 6 institutional investors.

Here is the list of recent funding rounds of Industrial Next:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 27, 2025	3598877	Series A	6982907	3702817	5636094	2189363
Jun 28, 2022	2928152	Seed	2562677	2092464	5490000	Alphax Partners & 3 more
Mar 2022	3710259	Seed	1247468	6628960	Y Combinator	8557563

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View details of Industrial Next's funding rounds and investors

The founders of Industrial Next is Lukas Pankau.

Here are the details of Industrial Next's key team members:

Lukas Pankau: Co-Founder of Industrial Next.
Contact Info: 1 email address

View details of Industrial Next's Founder profiles and Board Members

Industrial Next's employee count trend

Industrial Next has 17 employees as of Aug 26. Here is Industrial Next's employee count trend over the years:

Employee count trend for Industrial Next

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Top competitors of Industrial Next include Litmus, Luffy AI and Xaba. Here is the list of Top 10 competitors of Industrial Next, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Litmus 2013, Santa Clara (United States), Series C	Developer of industrial data platforms for edge computing and analytics	$42.6M	Alchemist Accelerator, Mitsubishi Corporation ... & 6 others	69/100
2nd	Luffy AI 2019, Abingdon (United Kingdom), Series A	Developer of adaptive artificial intelligence for real-time control and optimisation	$13.5M	Momenta, Chrysalix Venture Capital & 14 others	55/100
3rd	Xaba 2022, Toronto (Canada), Seed	Developer of an AI platform for industrial automation and robotics	$8M	Hitachi Ventures, BDC & 5 others	53/100
4th	Smartmore 2019, Shenzhen (China), Series B	Provider of comprehensive products and solutions for smart manufacturing and digital experience industries	$300M	IDG Capital, Sequoia Capital & 9 others	48/100
5th	KIC 1977, San Diego (United States), Acquired	Provider of thermal process solutions for electronics assembly and semiconductor sectors	-	-	43/100
6th	Mogulinker Technology 2016, Shenzhen (China), Series C	Provider of industrial AI solutions for equipment manufacturing and service	$15.9M	Granite Asia, Xiang He Capital & 7 others	42/100
7th	Aitas 2026, Italy, Unfunded	Developer of industrial automation systems integrating hardware and cloud infrastructure	-	-	38/100
8th	InnowaveTech 2019, Singapore (Singapore), Funding Raised	Developer of AI-driven solutions for optimizing manufacturing processes and efficiency	-	Wavemaxin, Unnovix & 5 others	38/100
9th	LineStream 2008, Cleveland (United States), Deadpooled	Software for industrial automation control	$7.96M	USVP, Early Stage Partners & 2 others	38/100
10th	Itris Automation 1995, Grenoble (France), Acquired	Development tools for programmable logic controllers	$1.4M	Kreaxi, XAnge & 3 others	37/100
12th	Industrial Next 2021, San Francisco (United States), Series A	Developer of AI-powered robotic systems for automating manufacturing processes	$12.5M	Lenovo Capital and Incubator Group, Y Combinator ... & 4 others	35/100