Industrial AI startup Resourcly, winner of the EU-Startups Summit 2024 Pitch Competition, has raised €2.7 million in seed funding to expand its AI-powered platform that helps manufacturers standardize parts data, eliminate redundancies, and identify qualified alternatives.
The round was led by Project A, with participation from Knut Alicke, Philip Harting, Gregor Stühler, FIEGE Ventures, and existing backers D11Z Ventures and Prequel VC.
Tackling inefficiency in global manufacturing
Founded in 2023 by Helena Most and Ian Draxten, Resourcly is addressing one of manufacturing’s most overlooked inefficiencies: fragmented inventory data that leads to billions in wasted capital.
The startup’s AI platform harmonizes parts data across systems, helping manufacturers reduce excess inventory, improve working capital efficiency, and accelerate product development.
“Our AI-based similarity analysis uncovers patterns that humans and traditional systems can’t detect,” said Helena Most, CEO and co-founder of Resourcly. “Customers save time, unlock millions in liquidity, and see up to a 20% increase in revenue potential.”
Before founding Resourcly, Most and Draxten worked with Bosch, Carl Zeiss, and Wago, where they experienced firsthand how poor data management can lead to supply bottlenecks and costly inefficiencies.
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A growing European industrial AI movement
Resourcly’s raise comes amid a surge in industrial AI and operations optimisation funding across Europe.
Recent examples include PhysicsX (UK) with a €117.3M round for AI-native engineering, Pelico (France) with €34.7M for its GenAI supply chain platform, and Holdson (UK) with €1.7M for advanced manufacturing tech.
By comparison, Resourcly’s €2.7M seed round sits at the intersection of early-stage innovation and scalable industrial impact — signalling investor confidence in AI-driven data harmonisation for the manufacturing sector.
“Most AI tools overpromise, but Resourcly delivers measurable impact on working capital and efficiency,” said Christian Morandini, CFO at Sandvik Mining Solutions.
Andreas Schoen, Senior Director at Kärcher SE, added that the platform “solves transparency issues and enables sustainable, cost-efficient decisions,” while Matthias Schlotter of Schwäbische Werkzeugmaschinen noted that it “reduces part variants, cuts sourcing costs, and speeds up time to market.”
Solving a trillion-dollar inventory problem
Globally, manufacturers hold $2.5 trillion in idle inventory and scrap $200 billion in usable parts every year — not because parts are faulty, but because inconsistent data and siloed systems make locating them nearly impossible.
Resourcly’s platform integrates seamlessly with existing enterprise systems. By analysing simple CSV uploads, it can identify duplicates, unify data, flag alternatives, and even enable resale or sharing of excess parts within trusted partner networks.
The company reports 5× revenue growth since its €750K pre-seed round in 2024, expanding across industrial machinery, equipment, and electronics verticals.
“Resourcly is tackling one of manufacturing’s biggest hidden costs — the millions wasted on long-tail parts and idle inventory,” said Florian Heinemann, General Partner at Project A. “They’re solving a problem that’s been ignored for too long, and they’re doing it at exactly the right time.”
Scaling across Europe’s industrial hubs
With the new funding, the startup plans to expand its engineering, product, and sales teams, accelerate product development, and scale its reach across Europe’s major manufacturing hubs in Germany, Italy, and the Nordics.
“Resourcly has cracked one of industry’s toughest challenges — bringing clarity and actionability to complex inventory data,” said Knut Alicke, investor and supply chain expert. “Their AI approach delivers tangible value by cutting inventory, spend, and management overhead.”
About Resourcly
Resourcly is a Mannheim-based AI startup helping manufacturers standardise parts data, reduce inventory waste, and identify qualified alternatives across global supply chains. By combining advanced similarity analysis with a user-friendly platform, Resourcly enables enterprises to increase working capital efficiency by up to 15% and make more sustainable sourcing decisions.
