Maneva raises $27M to tackle inefficiencies across the $46T+ manufacturing industry

DELAWARE– June 10, 2026 – Maneva, the physical AI solution provider specializing in video-to-action intelligence for manufacturing, announces it has raised $27 million in Series A funding to accelerate the deployment of its AI solution across global factory operations. The round was led by U.S. Venture Partners, with participation from returning backers Bling Capital and Freestyle Capital, alongside a group of leading angel investors. 

The new funding brings the total capital raised by Maneva US to $38.4 million, with backing from earlier seed investors including Gokul Rajaram, one of Silicon Valley’s most influential product leaders. The raise will support development in AI vision tech, global expansion, and the rollout of Maneva’s factory orchestration features and AI knowledge agents.

Maneva is building the data and control layer for modern manufacturing, using proprietary physical AI and vision-language models to turn existing factory cameras into real-time operational intelligence, without having to uproot entire infrastructures. Unlike traditional manufacturing analytics tools that simply surface issues, Maneva’s edge-based computer vision software can see, diagnose, and trigger action on inefficiencies as they happen. 

Today, many factories operate far below their full potential, often seen in average Overall Equipment Effectiveness (OEE) levels of around 60%, due to siloed systems, limited visibility, and slow decision-making. Large manufacturers lose an estimated $1.4 trillion a year due to unplanned downtime, equivalent to the entire GDP of a mid-sized industrial economy. 

The World Economic Forum notes that manufacturers are now operating in a VUCA (volatile, uncertain, complex, and ambiguous) environment, where supply chain disruptions have surged by nearly 40% and challenges across manufacturing and logistics have become nearly universal. Industry remains the world’s largest energy-consuming sector, accounting for roughly 40% of global final energy demand, according to the International Energy Agency. Yet global industrial efficiency gains have slowed significantly since 2019, increasing urgency around technologies that can improve productivity without requiring expensive new infrastructure.

Acting like an AI brain for factories, Maneva’s technology is helping manufacturers improve uptime, productivity, quality, and safety without adding new hardware or relying on cloud-dependent systems.

Advancing workflows on the factory floor

Maneva’s proprietary models, VITA and ALIS, leverage NVIDIA edge devices to upgrade existing camera infrastructure with state-of-the-art vision-based models, and connect with existing sensors and equipment signals to create an intelligent productivity system. The company’s software identifies safety issues, operational inefficiencies and bottlenecks, diagnoses the root causes, and triggers automated responses across machinery, workflows, and teams. This translates into gains across key areas:

• Downtime reduction: Identify and resolve issues early to keep production lines running and maximize uptime, driving up to 16× increase in production uptime and an up to 8% increase in production volume.

• Increased labor productivity: Oversee critical tasks to drive an increase in worker productivity, leading to up to 10% increase in total output.

• Quality control and assurance: Detect defects and remove them in real time, achieving up to a 99.9% AI model accuracy.

• Health and safety: Monitor workplace risks and compliance, helping increase health and safety standards by approximately 50%.

Maneva customers include industry leaders across confectionery, wood, glass, steel, meat processing, food and beverage, pharmaceuticals, cosmetics, and distribution industries.

“Manufacturing is one of the largest and most critical industries in the world, yet it still operates with significant inefficiencies,” said Rae Jeong, Co-Founder and CEO of Maneva and former AI researcher at Google Deepmind. “At a time when supply chains are under pressure and the world is facing an energy crisis, manufacturers have a real opportunity to rethink how factories operate by reducing waste, improving efficiency, and making better use of every unit of energy. At Maneva, we’re helping bring that visibility and control to the factory floor.”

Matt Garratt, General Partner at U.S. Venture Partners, said, "I was immediately impressed the first time I spoke to Rae and Kelvin, when they explained how Maneva was combining the latest computer vision models with their backgrounds in reinforcement learning and robotics to unlock automation in factory environments. As someone who started their career in manufacturing, I knew the potential had always been there, and I could see how Maneva could solve the core issues that plagued legacy systems by removing the need for proprietary hardware, custom training, and heavy services. As I spent more time with Rae and Kelvin, I was even more amazed by their broader vision. Beyond automating multiple processes within a facility, I could see how their solution could give operators visibility across their entire manufacturing footprint." 

“The Maneva team is a rising force in vision AI. Talented, driven, and exceptionally capable, they bring both the expertise and the energy needed to push the industry forward. Their work with us demonstrated real execution power and real impact on the business.” — CIO at a Fortune 500 industrial manufacturer