Momenta Leads Investment in Composabl
Momenta, the leading Industrial Impact ® venture capital firm, has led the seed round for Composabl, a trailblazing company at the forefront of industrial AI and autonomy. Momenta’s investment, along with the participation of other notable investors such as Ridgeline Ventures, Exposition Capital, and Hannah Gray Ventures, will drive advancements in industrial processes (e.g. pipe fabrication) and aligns with Momenta’s commitment to entrepreneurs and leaders improving industrial operations and outcomes. Composabl’s unique approach to autonomous AI represents a step change in industrial process capabilities and will drive advancements and efficiency for automation in intralogistics. Built for industrial process engineers, not data scientists, Composabl helps create real-time process optimization AI agents, driving toward autonomous operations. Momenta’s investment will provide Composabl with the resources and support needed to accelerate the growth of its platform and market presence.
“We wanted a lead investor who understands industrial, not just the market opportunity, but the market, the companies, the culture of industrials, and the impact on society. That’s Momenta.”, said Kence Anderson, CEO of Composabl. “Industrials make and move the goods we use every day; they are technical and savvy, but they are often misunderstood by big tech and startups and venture capital because they are not software companies.” Co-founded by Kence Anderson, formerly a director at Microsoft for Autonomous AI and recent author of the acclaimed O’Reilly book Designing Autonomous AI, Composabl is on a mission to help industrial corporations with the following objective:
“Create, deploy, and monitor industrial-strength autonomous agents that perceive and act in real-time with expert-like decision-making, enabling them to make real-life decisions for complex, high-value cyber-physical systems.”
Composabl is the sixteenth company receiving investment from Momenta’s Digital Industry Fund III, anchored by Advantech, the world leader in digital industrial solutions. This is also the first company to receive investment from Momenta’s Digital Industry Fund IV, anchored by Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation (including digitization of prefab workflows). “Composabl’s dedication to empowering engineers with AI building blocks and its focus on creating trustworthy Industrial AI agents aligns with our vision for the Agentic future of industrial technology,” said Michael Dolbec, Managing Partner 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 Jordan Reynolds, VP, Artificial Intelligence and Autonomy, at Rockwell Automation. “Composabl 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.” Jerry O’Gorman, VP at Advantech IIOT division, stated, “We are pleased to support this investment in Composabl. Our leading role in edge computing and IoT solutions gives us a deep appreciation for the value of industrial AI and autonomy and, thus, the potential for AI-powered optimization solutions such as optimizing performance with asset resilience. We see a tremendous opportunity to collaborate with Composabl to co-create solutions to address the huge investment in manufacturing facilities, especially in North America and steel fabrication Australia.”
