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Vemcon - About the company

Vemcon is a series A company based in Haar (Germany), founded in 2012 by Jan Rotard and Julian Profanter. It operates as a Provider of cloud based machine control solution for industrial automation. Vemcon has raised $6.46M in funding from Vector and DeepTech & Climate Fonds. The company has 82 active competitors, including 18 funded and 8 that have exited. Its top competitors include companies like Sea Machines, Inorbit and Teleo AI.

Company Details

Vemcon provides a cloud-based machine control solution for industrial automation. Its offerings are Vemcon CoPilot, Vemcon Joystick, Vemcon Terminal, and Vemcon Connectivity, the offering come in packages to control the desired machine remotely. Its Vemcon Connectivity is a mobile tablet platform for control the machine. The offerings have use cases in control and automation of heavy machinery such as excavators, graders, wheel loaders as well as agricultural and communal machines.
Social
Facebook
Email ID
*****@vemcon.de
Phone Number
+49 **********
Key Metrics
Founded Year
2012
Location
Haar, Germany
Stage
Series A
Total Funding
$6.46M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
38 as on Dec 31, 2021
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Vemcon's funding and investors

Vemcon has raised a total funding of $6.46M over 3 rounds. Its first funding round was on Jan 2015. Its latest funding round was a Series A round on May 25, 2023 for $*****. 1 investor participated in its latest round. Vemcon has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Vemcon:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 25, 2023
8502238
Series A
3032575
6954074
1695893
7733602
Jul 14, 2017
4729413
Seed
2367141
2259950
3965499
5104265
Jan 2015
7835518
Grant (prize money)
4446645
2907206
9661732
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Vemcon's founders and board of directors

Founder? Claim Profile
The founders of Vemcon are Jan Rotard and Julian Profanter. Julian Profanter and Jan Rotard are the CEOs of Vemcon.
Here are the details of Vemcon's key team members:

Vemcon's employee count trend

Vemcon has 38 employees as of Dec 21. The total employee count is 46.0% more than what it was in Dec 20. Here is Vemcon's employee count trend over the years:
Employee count trend for Vemcon
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Vemcon's Competitors and alternates

Top competitors of Vemcon include Sea Machines, Inorbit and Teleo AI. Here is the list of Top 10 competitors of Vemcon, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sea Machines
Sea Machines
2014, Boston (United States), Series B
Provider of unmanned surface vehicles for industrial purposes
$45.7M
59/100
2nd
Logo for Vemcon
Vemcon
2012, Haar (Germany), Series A
Provider of cloud based machine control solution for industrial automation
$6.46M
55/100
3rd
Logo for Inorbit
Inorbit
2017, Mountain View (United States), Series A
AI-powered robot orchestration platform for software-defined robot operations
$12.7M
54/100
4th
Logo for Teleo AI
Teleo AI
2019, Palo Alto (United States), Series A
Provider of AI-powered remote-controlled solutions for construction dozers
$29.8M
54/100
5th
Logo for AITX
AITX
2016, Ferndale (United States), Funding Raised
Developer of AI-driven autonomous security solutions for various applications
-
-
50/100
6th
Logo for Cogniteam
Cogniteam
2007, Petah Tikva (Israel), Series A
Provider of an AI-enabled robot navigation platform
$9.8M
-
50/100
7th
Logo for Tomahawk Robotics
Tomahawk Robotics
2018, Melbourne (United States), Acquired
Developer of robots and control solutions for enterprises
$2.4M
48/100
8th
Logo for Ready Robotics
Ready Robotics
2016, Columbus (United States), Series B
Developer of operating system for collaborative robots
$43.5M
47/100
9th
Logo for Blue Vision Labs
Blue Vision Labs
2016, London (United Kingdom), Acquired
Developing AR technology for simultaneous use
$16.5M
45/100
10th
Logo for 3Laws Robotics
3Laws Robotics
2022, Pasadena (United States), Seed
Provider of AI-based software for control of autonomous robots
$6.1M
43/100
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Vemcon's Investments and acquisitions

Vemcon has made no investments or acquisitions yet.

Reports related to Vemcon

Here is the latest report on Vemcon's sector:

News related to Vemcon

Media has covered Vemcon for 1 event in last 1 year, It was about partnerships.
Vemcon integrates Lekatech attachment app into its platformConstruction Technology (KHL Group)Dec 12, 2022Vemcon, Lekatech
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FAQs about Vemcon

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