Strategic equity investment · Industrial tech
NTEC receives investment from MAZIN
The industrial equipment maker will work with the AI company on manufacturing technology and business development.
MAZIN has invested in NTEC, the Japanese press machinery and robot systems manufacturer, according to an October 26 announcement from Think-i. The investment amount was not disclosed.
Two MAZIN executives will join NTEC’s management team. The collaboration will combine NTEC’s equipment engineering and factory experience with MAZIN’s industrial AI and software capabilities, including work on AI-enabled design and next-generation press systems.
Use of funds
Industrial AI collaboration
Press and robot systems development
Funding history
Strategic equity investment · This roundUndisclosed