Octonomy Raises $20 M to Scale Agentic AI for Complex Service Workflows
European startup Octonomy has secured $20 million in a seed funding round to expand its agentic AI platform designed for managing intricate enterprise workflows.
Founded in early 2024 and based in Cologne, Germany, Octonomy builds AI “agents” that go beyond simple chatbots. Instead, these agents interpret complex technical manuals, wiring diagrams, system logs and multiple data sources to automate tasks in sectors like manufacturing and field services. The company says it achieves accuracy rates over 95 % even in challenging settings.
The funding was led by Macquarie Capital with participation from investors such as Capnamic and NRW.Bank. With this raise, Octonomy’s total funding reaches around $25 million. The capital will fuel expansion across Europe and North America and help build out its team and product capabilities.
Octonomy’s CEO, Sushel Bijganath, says the platform addresses the “80% of AI projects that fail when data and processes get complex.”
He adds the company aims to replace legacy support tools by automating heavy-technical workflows with minimal human hand-holding.
Yet the challenge remains proving large-scale ROI and integrating deeply into enterprise systems.