KIT-AR announces €2m in seed stage funding round

KIT-AR, the augmented worker platform for the manufacturing industry, announced the completion of a €2 million seed stage funding round.

This investment was co-led by Armilar Venture Partners and Caixa Capital Risc, with participation from RKKVC and Techtree fund (managed by Iberis Semper), including the follow-on investment from Sintef Venture V and Best Horizon.

This round of financing will help KIT-AR push onwards with its vision to become the reference platform for augmented workers in the manufacturing industry.

Incorporated in the United Kingdom, with a subsidiary in Portugal, KIT-AR has strong roots in applied research and innovation having spun out of UCL (University College London) and SINTEF, the largest research institute in Norway.

Congratulations to the team at KIT-AR. I’m looking forward to seeing the next stage of the journey.

David Grimm, Investment Director, UCLTF

Read the full story from KIT-AR.

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