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Oden Technologies secures $28.5M Series B funding

Oden Technologies, a NYC-based AI and data software company, raised $28.5M in Series B funding to advance AI products for manufacturing.

The round was led by Nordstjernan Growth, with participation from Flat Capital and Recurring Capital Partners, alongside existing investors such as Atomico and EQT Ventures.

The funds will be used to accelerate the development of AI-driven solutions aimed at addressing productivity challenges in the manufacturing sector.

Oden Technologies, under CEO Willem Sundblad, helps manufacturers turn complex data into actionable insights, providing real-time process recommendations to front-line workers.

New board members include Ebba Lilliehöök from Nordstjernan Growth and Anders Berggren, an independent manufacturing executive.