Amplio has raised $11.1 million in Series A funding to enhance its AI-driven solutions for managing surplus inventory, aiming to promote circularity and sustainability in manufacturing.

Information on the Target

Amplio, founded in 2021, is an innovative AI company focused on transforming how enterprise manufacturers manage surplus inventory. The company leverages advanced AI technologies to create 'agentic' systems that optimize the redeployment of surplus assets. By automating the parsing of extensive inventories and identifying redeployment opportunities or resale options, Amplio aims to help manufacturers recover value from stagnant surplus, creating a more circular and sustainable manufacturing ecosystem.

In its latest funding round, Amplio successfully raised $11.1 million in Series A financing, with significant investments from Hitachi Ventures and Yamaha Motor Ventures, alongside existing supporters such as Construct Capital, Slow Ventures, Alpaca VC, and High Alpha Capital. The funds will bolster Amplio's go-to-market initiatives and enhance its development of agentic systems across diverse surplus categories, including rolling stock, raw materials, and finished goods.

Industry Overview in the Target’s Specific Country

The American manufacturing sector is currently grappling with substantial waste, with estimates indicating that approximately $350 billion in capital equipment and associated mainte