DataHow, a leader in AI-powered solutions for bioprocess development and manufacturing, has successfully closed its Series A investment round led by Momenta, a leading industrial impact venture capital firm. This investment, along with the participation from Rockwell Automation and Zurich Kantonal Bank, will allow the Zurich-based company to accelerate the deployment of its digital bioprocess development and manufacturing platform, DataHowLab.
An ETH spin-off founded in 2017 by a team of experienced researchers with industry experience, DataHow has pioneered the development of hybrid models for bioprocess development, implementing their innovative technologies with many of the biopharmaceutical industry’s largest players. Combining hard-coded process knowledge with data-driven AI algorithms, DataHow’s hybrid models provide process engineers with richer process insight when developing complex manufacturing processes while requiring less data.
With their innovative technologies available with their digital bioprocessing solution, DataHowLab, the company is poised to transform bioprocess development and manufacturing:
- Generate richer bioprocess insight with a user-friendly digital solution designed for process scientists to benefit from advanced hybrid modelling technology without data-science knowledge.
- Accelerate process development across all phases by generating more process insight with less development effort and by transferring insights across products and scales.
- Increase manufacturing productivity by supporting the development of more robust, higher-yield processes through increased process knowledge and AI-enriched insight.
- Digital twin technology powered by hybrid process models to enable process simulation and automated process monitoring and control for development and manufacturing.
The investment underlines the belief that DataHow’s technology will transform digital bioprocessing and play a vital role in the biopharmaceutical industry’s digitalisation drive. The capital raise will accelerate the development of DataHowLab and its deployment in the market and provide the firm with two strong partners, Momenta and Rockwell Automation, with expertise in industrial automation and digital transformation.
“We sought investment partners that understand the impact of digital on manufacturing, and are deeply-rooted in the market, ecosystem, technology, and culture.”, said Dr. Alessandro Butté, CEO and co-founder of DataHow. “We have a deep understanding of research and development but need partners now to help us scale up our market and solutions towards manufacturing and regulated production environments.”
“The past several years have reinforced the value of flexible and rapid scale in bioprocess manufacturing, quickly bringing new medicines and compounds to improve the environment, and people’s quality of life,” said Ken Forster, Executive Director of Momenta.
“We are observing an inflection point in industrial automation – the evolution from programmable compute surfaces to systems that self-learn and self-adapt within dynamic environments – from automation to autonomy,” said Arvind Rao, Global Vice President – Industry Solutions, Data and Analytics, at Rockwell Automation. “DataHow aligns with Rockwell’s vision of creating the future of industrial operations by equipping our customers with a standardized set of tools, processes and interfaces to manage the transition to industrial autonomy.”
About DataHow:
DataHow is a Swiss technology company specialized in bioprocess data analytics and modeling that believes that data and smart, digital technologies will transform bioprocess development and manufacturing. DataHow aims to be a key enabler of the industry’s digital transformation with its’ AI-enabled bioprocess solutions and digital twin technologies. For more information on our technology and digital solutions, please visit http://www.datahow.ch.
About Momenta:
Momenta is the leading Industrial Impact ® venture capital firm, accelerating industrial innovators across energy, manufacturing, smart spaces, and the supply chain. For over a decade, our team of deep industry operators has helped scale industry leaders and innovators to improve critical industries, the environment, and people’s quality of life. For more information, please visit http://www.momenta.one.
About Rockwell Automation:
Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 29,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.