Deevio

Berlin, Germany Founded: 2018 • Age: 8 yrs Acquired By Wenglor
Deep learning-enabled quality management software is delivered online.
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About Deevio

Deevio is a company based in Berlin (Germany) founded in 2018 was acquired by Wenglor in September 2023.. Deevio offers products and services including Tailored Vision Systems and Retrofit Inspection Systems. Deevio operates in a competitive market with competitors including Cogniac, LANDING AI, Inspekto, Kolena and Jidoka, among others.

  • Headquarter Berlin, Germany
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Deevio Gmbh
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $26.27 K (USD), Grant

    May 19, 2022

  • Investors
    Wenglor

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Wenglor

    (Sep 15, 2023)

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Products & Services of Deevio

Deevio offers a comprehensive portfolio of products and services, including Tailored Vision Systems and Retrofit Inspection Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Custom AI systems for automating quality control in manufacturing.

Improves existing systems to reduce false positives in inspections.

Funding Insights of Deevio

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $26,268
  • First Round

    (19 May 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Grant - Deevio Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Deevio

Deevio has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Wenglor and TechFounders. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
TechFounders is engaged in fostering partnerships between corporates and startups.
Founded Year Domain Location
Various industrial sensors are developed for applications in automation.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Deevio

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Deevio

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Deevio Comparisons

Employees
+
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Competitors of Deevio

Deevio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cogniac, LANDING AI, Inspekto, Kolena and Jidoka, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-based platform is utilized for managing visual operations in businesses.
domain founded_year HQ Location
AI-based platform for identifying defects
domain founded_year HQ Location
Autonomous machine vision systems for quality inspection are provided.
domain founded_year HQ Location
ML model testing platform for NLP, LLMs, computer vision, and structured data
domain founded_year HQ Location
Autonomous AI vision solutions are provided for inspection and optimization.
domain founded_year HQ Location
AI technologies are tested and evaluated via a dedicated platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Deevio

Wenglor buys AI startup
Wileyindustrynews2 years ago

Frequently Asked Questions about Deevio

When was Deevio founded?

Deevio was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Where is Deevio located?

Deevio is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

What does Deevio do?

Founded in 2018 and based in Berlin, Germany, Deevio operates in the quality management sector. An online platform powered by deep learning is provided for automating tasks in quality control, process monitoring, and sorting. Services are extended to industries including electronics, automotive parts, foundries, and pharmaceutical packaging. Images from quality control are stored and analyzed to generate insights, reports, and recommendations for process improvements.

Who are the top competitors of Deevio?

Deevio's top competitors include Distributional, Jidoka and UnitXlabs.

What products or services does Deevio offer?

Deevio offers Tailored Vision Systems and Retrofit Inspection Systems.

Who are Deevio's investors?

Deevio has 2 investors. Key investors include Wenglor, and TechFounders.

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