akeno, a Hamburg, Germany-based AI-driven production planning software company, has raised €4.5 million in seed funding.
Investors
The round was led by Cusp Capital, with participation from TS Ventures and another.vc.
Cusp Capital is a venture capital firm headquartered in Essen, Germany, with an additional office in Berlin. The firm specializes in early-stage investments in European software and technology companies poised to redefine their industries. Cusp Capital's investment focus includes vertical SaaS, digital sustainability, and technologies aimed at lower-income workers and consumer groups.
akeno Use of Funds
The company will use the funding to triple the team size, boost product development, and support its global expansion, particularly into North America and Asia.
About akeno
Founded in 2021 by Alexander Ebbrecht, Dmitrij Direktor, and Steffen Ramm, akeno is a technology company specializing in AI-driven production planning and scheduling for process manufacturing industries such as chemicals, pharmaceuticals, and food. Its software analyzes real-time production data to automatically adapt planning schedules, offering an alternative to Enterprise Resource Planning (ERP) tools like SAP. It integrates with existing infrastructure and uses operational data such as machine status and material availability to predict potential disruptions. akeno optimize production planning with AI-powered automation and real-time data.
Funding Details
Company: akeno
Raised: €4.5M
Round: Seed
Funding Date: May 2025
Lead Investor: Cusp Capital
Additional Investors: TS Ventures, another.vc
Company Website: https://www.akeno.ai/
Software Category: AI Production Planning / Manufacturing Software
Source: https://www.eu-startups.com/2025/05/german-ai-startup-akeno-raises-e4-5-million-to-automate-production-planning/