Viam Secures $30 Million to Propel AI and Data Integration in the Physical World

March 3, 2025, 9:31 pm
KONGSBERG
KONGSBERG
AerospaceBusinessDefenseEnergyTechIndustryOilSecuritySpaceSupplyTechnology
Location: Norway, Kongsberg
Employees: 10001+
Founded date: 1814
Ferrari
Ferrari
BrandCarDesignFutureOnlinePersonalSocialSpaceSportsStore
Location: Italy, Emilia-Romagna, Bell'Italia
Employees: 5001-10000
Founded date: 1947
UNION SQUARE VENTURES
UNION SQUARE VENTURES
FinTechPlatformEdTechTechnologyDataOnlineLearnServiceInternetProduct
Location: United States, New York
Employees: 11-50
Founded date: 2003
TRANSMUTEX
TRANSMUTEX
ComputerEnergyTechEnvironmentalHealthTechIndustryITManagementResearchTechnologyWaste
Location: Switzerland
Employees: 11-50
Founded date: 2019
Total raised: $33.07M
In the bustling heart of New York City, Viam has emerged as a beacon of innovation. The engineering platform, which melds data, AI, and automation, recently announced a substantial $30 million in Series C funding. This latest round, led by Union Square Ventures, brings Viam's total funding to an impressive $117 million. The company is on a mission to revolutionize how industries interact with technology, and this funding is a crucial step in that journey.

Viam's platform is not just another tech solution; it’s a bridge connecting engineers across various disciplines. Think of it as a universal remote for the complex world of AI and automation. With Viam, engineers can collaborate seamlessly, crafting solutions that are not only efficient but also future-proof. This is especially vital in a world where technology evolves at breakneck speed.

The participation of Battery Ventures and Neurone, an Italian investment group, adds a new layer of excitement. Neurone’s involvement signals Viam’s ambitions to penetrate the European market, particularly Italy’s industrial sector. The backing of Neurone, which boasts connections to prominent industrial families, including the Ferrari family, underscores the potential for growth in this arena.

Viam’s journey has been marked by significant milestones. In 2024, the company expanded its customer base across diverse industries. From robotics to quick-service restaurants, and from climate tech to marine manufacturing, Viam is making waves. Their partnership with the New York Islanders and UBS Arena is a testament to their innovative approach. Viam is not just enhancing the fan experience; they are integrating AI into the very fabric of how venues operate.

In the marine sector, Viam has teamed up with industry leaders like Viking Yachts. They are pioneering the use of AI for sonars in fishing through a pilot program with Kongsberg Discovery. This initiative exemplifies how Viam is pushing the boundaries of what’s possible in technology. Their clients range from Sbarro to autonomous kitchen companies like Appetronix, showcasing their versatility and reach.

The vision behind Viam is clear. The company aims to bridge the gap between AI, data, and the myriad devices we interact with daily. This is not just about creating software; it’s about crafting a new layer of interaction in the physical world. The founders understand that hardware sectors are ripe for a software-driven transformation, similar to what mobile technology experienced with Android.

Eliot Horowitz, Viam’s founder and a former co-founder of MongoDB, is at the helm of this ambitious venture. His experience in the tech world provides a solid foundation for Viam’s growth. Under his leadership, the company is not just chasing trends; it’s setting them. The infusion of capital from this funding round will enable Viam to scale operations and enhance its business reach, particularly in Europe.

The strategic partnership with Neurone is particularly noteworthy. Neurone’s expertise in the Italian industrial landscape will help Viam navigate potential partnerships and opportunities. The Italian market is known for its rich industrial heritage, and Viam is poised to tap into that wealth of knowledge and experience. This collaboration could be the catalyst for Viam’s expansion across Europe.

Viam’s platform is designed for collaboration. It allows hardware and software engineers to work together, breaking down silos that often hinder innovation. This collaborative spirit is essential in today’s fast-paced tech environment. The ability to integrate various technologies and solutions will set Viam apart from competitors.

As industries increasingly rely on data and AI, Viam is positioned to lead the charge. The company’s focus on creating a unified platform for engineers is a game-changer. It simplifies the complex interactions between hardware and software, making it easier for companies to adopt new technologies.

The funding announcement is not just a financial milestone; it’s a signal to the market. Viam is ready to scale, innovate, and redefine how industries leverage technology. The support from established investors like Union Square Ventures and Battery Ventures adds credibility to their mission. It shows that the investment community believes in Viam’s vision and potential.

In conclusion, Viam is more than just a tech company; it’s a pioneer in the integration of AI and data in the physical world. With $30 million in new funding, the company is set to expand its reach and impact. As they continue to build partnerships and innovate, Viam is poised to become a leader in the engineering landscape. The future looks bright for this New York-based powerhouse, and the world will be watching closely as they embark on this exciting journey.