Ulendo Raises $1 Million in Seed Round  

by Kay Aloha Villamor in

Ulendo, an Ann Arbor, Michigan-based software services company focused on delivering advanced solutions for manufacturing automation, raised $1 million in seed funding.

Automation Alley through the Industry 4.0 Accelerator, Michigan Economic Development Corp., Lawrence Technological University's Centrepolis Accelerator, and Jackson-based Lean Rocket Lab participated in the round.

“Automation Alley’s participation in our fundraising round is supercharging the sales of our first product, vibration compensation software that doubles the speed of 3D printers,” said Ulendo CEO Brenda Jones. “This funding enabled us to recruit a 13-year veteran of the additive manufacturing industry, Jay Murray, as our vice president of sales.”

Ulendo creates software that improves the productivity and quality of manufacturing machines at a low cost. Its software helps companies monitor, control, and improve the performance of their manufacturing process.

Company: Ulendo Technologies, Inc.

Raised: $1.0M

Round: Seed Round 

Funding Month: March 2023

Lead Investors: 

Additional Investors: Automation Alley, Michigan Economic Development Corp., Lawrence Technological University's Centrepolis Accelerator, and Lean Rocket Lab

Company Website: https://www.ulendo.io/

Software Category: Manufacturing Automation Solutions

About the Company: Ulendo is a software services company focused on delivering advanced solutions for manufacturing automation. It provides end-to-end control optimization solutions that enable original equipment manufacturers to optimize their designs and deliver high-performing, industry-leading solutions without increasing hardware costs or sacrificing output quality. The company’s advanced vibration compensation, extrusion control, fault detection, and temperature control algorithms are developed to push performance boundaries and provide an improved experience for end customers.


Source: https://www.techcentury.com/2023/03/16/automation-alley-joins-1-million-seed-round-in-saas-startup-ulendo/




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