HIVE, a physical AI company building an intelligence layer for industrial machines, has raised $15m (£11.2m) in seed investment.
HIVE is building a ‘silicon brain’ that it says unifies machine operations through one intelligence platform, letting industrial machines perceive, decide and act on their own while operational in warehouses, production lines and construction sites.
The London-headquartered startup says each deployed machine hour feeds one large reinforcement loop across the machinery fleet, and the learning loop is expected to drive the productive machine-hour cost down 80%. HIVE’s ultimate mission is to ‘make productivity limitless’.
The seed round was led by SuperSeed, with participation from Veriten, Skyfall and Nysnø. Angel investors include Børge Hald, founder of Medallia, and Jørn Lyseggen, founder of Meltwater.
The investment will accelerate the development of HIVE’s platform, expand the founding team with talent in AI and robotics, and further scale the commercial deployments with new and existing industrial partners.
The company is currently deployed across sites in Scandinavia, operating autonomously across different machines, with offices in Norway and London and a US expansion underway.
“We’ve spent the past few months securing top international talent to support the next phase of growth,” says Christoffer Jørgensvaag, CEO and co-founder of HIVE.
“The silicon brain is taking shape. With live deployments and strong market traction, we are well positioned to lead the next era of physical AI, proving real results for our customers.”
