Viam announces a $30 Million Series C to continue advancing the power of data and AI in the physical world

Funds from Union Square Ventures and European investment group Neurone — with the families behind iconic brands such as Ferrari as co-investors — will power Viam's global growth across enterprise sectors

NEW YORK, March 3, 2025 /PRNewswire/ -- Viam, the engineering platform for data, AI and automation, today announced $30 million in Series C funding, led by existing investor Union Square Ventures with participation from Battery Ventures, Neurone, and other existing investors. Viam has raised a total of $117 million to date.

"We're fortunate to have incredible partners like Union Square Ventures who are eager to expand their commitment to what we're building," said Eliot Horowitz, Founder and CEO of Viam. "At the same time, we're excited to collaborate with Neurone to advance our global ambitions and further the momentum we're already seeing in Italy and in Europe more broadly. We hit important milestones last year and this raise will help us continue to achieve our goals."

In 2024, Viam expanded its customer base across industries such as robotics, quick-service restaurants, climate tech, marine, and industrial manufacturing. This past October, the company announced a groundbreaking partnership with the New York Islanders and UBS Arena, becoming the venue's Official AI Technology Partner. Viam's software is being integrated across multiple facets of the arena's fan experience. In the marine space, Viam has partnered with leading manufacturers like Viking Yachts and has launched a pilot program with global technology provider Kongsberg Discovery, part of KONGSBERG Group, pioneering the use of AI for sonars in fishing. Other customers include Sbarro, Swiss nuclear engineering company Transmutex, autonomous robotic kitchen company Appetronix, and intelligent workplace safety platform CompScience.

"Viam is bridging the critical gap between AI, data, and the countless devices we interact with every day," said Albert Wenger, Partner at Union Square Ventures. "Eliot and his team are building a world-class operation in New York City, and we're thrilled to continue supporting them."

European investment group Neurone also joined the round, alongside existing investors. Viam has already seen significant traction in Europe, partnering with leading manufacturers and marine technology companies. Neurone's co-investors include the family offices of Italian industrial leaders like Camozzi (Camozzi Group), Enzo Mattioli Ferrari (Ferrari and HPE), Pasubio founder Luca Pretto and Wellness Holding (Alessandri Family). Neurone will help Viam continue to scale and reach potential partners in the region, particularly within Italy's industrial sector.

"We work directly with Italy's leading industrial families who are actively thinking about what the future holds for the sector and the technology that shapes it," said Teodoro D'Ambrosio, Founder and Partner of Neurone. "Hardware sectors serving the physical world are still missing that software-driven inflection point that fueled exponential growth in other domains, like Android in mobile. Viam is building that missing layer, and we're excited to partner with Eliot and the team on that vision."

Viam's platform allows hardware and software engineers to collaborate and build technology solutions that can be implemented across devices and smart machines in the physical world. The company was launched in 2020 by Eliot Horowitz, former co-founder and CTO of publicly-traded database giant MongoDB. Viam previously closed a Series B funding round in March 2024.

About Viam
Viam helps companies unlock the power of AI, data and automation in the physical world. We provide a single platform for engineers of all disciplines to solve problems together and build solutions that are fast and future-proof. Viam powers solutions across robotics, food and beverage, climate tech, marine, industrial manufacturing, and more. Founded in 2020 by former MongoDB co-founder and CTO Eliot Horowitz, Viam is headquartered in New York City. viam.com

About Union Square Ventures
Union Square Ventures is a small, collegial partnership based in New York City. We are generalist investors, working across many sectors and technologies, but with a consistent point of view on how to approach transformative opportunities. usv.com

About Neurone
Neurone is a technology-focused investment group active in company building and direct investments in high-growth ventures. Founded in 2019, Neurone's team combines entrepreneurial expertise, operational support, and deep technology sector knowledge to help companies scale. With a rigorous, thesis-driven investment approach, Neurone's approach spans incubation and growth venture investing. Neurone's portfolio is spread across insuretech, automation, climate, automotive and more, both in Europe and in the U.S. neurone.com

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SOURCE Viam, Inc.