How Much Did Pico MES Raise?
Funding & Key Investors

Pico MES, a Redwood City-based innovator in the manufacturing execution system (MES) sector, has successfully secured significant capital to bolster its industrial software platform. With a total funding accumulation of $6.8M, the company continues to attract high-profile backing, most recently closing a round of $0 in August 2023. This latest injection of investment underscores the growing market demand for digitized factory floor operations that prioritize error reduction and operational transparency.

The company's trajectory, marked by its initial seed financing in May 2022, reflects a strategic alignment with industrial leaders and venture firms focused on deep technology and sustainable manufacturing infrastructure. By leveraging this capital, Pico MES is positioned to scale its software solutions, which are designed to integrate seamlessly into complex production environments, thereby driving efficiency and output quality for modern manufacturers.

What is Pico MES?

Pico MES
SoftwareEnterprise Resource Planning (ERP)

Founded in 2019, Pico MES provides a sophisticated manufacturing execution system that serves as the digital backbone for factory operations. The platform is engineered to eliminate human error, identify latent inefficiencies, and optimize overall production throughput. By digitizing manual processes and providing real-time data analytics, Pico MES enables production managers and supervisors to maintain granular control over their manufacturing workflows. The company occupies a critical niche in the Industry 4.0 landscape, bridging the gap between legacy hardware and modern, data-driven software architectures to ensure that manufacturing facilities remain competitive in an increasingly automated global market.

How much funding has Pico MES raised?

Pico MES has raised a total of $6.8M across 1 funding round:

2022

Angel/Seed

$6.8M

Angel/Seed (2022): $6.8M with participation from Schneider Electric, Congruent Ventures, Lemnos companies, and Union Labs

Key Investors in Pico MES

Schneider Electric

A global leader in energy and automation digital solutions, Schneider Electric provides integrated software and services to enhance efficiency and sustainability across infrastructure and industrial sectors.

Congruent Ventures

A climate-focused investment firm that supports early-stage companies in North America, specializing in transformative technologies that drive resource efficiency and carbon reduction.

Union Labs

A San Francisco-based DeepTech seed fund that partners with founders applying advanced technologies to solve complex, high-impact industrial and technical challenges.

What's next for Pico MES?

With the recent infusion of $0, Pico MES is poised to accelerate its product development roadmap and expand its market footprint. The company is expected to focus on enhancing its predictive analytics capabilities and deepening its integration with existing industrial automation hardware. As the manufacturing sector continues to undergo a massive digital transformation, Pico MES is well-positioned to capture additional market share by offering a scalable, user-friendly alternative to traditional, cumbersome enterprise software. Future growth will likely center on strategic partnerships with industrial conglomerates and the continued refinement of its software-as-a-service model to support diverse manufacturing verticals, from small-scale operations to large-scale enterprise facilities.

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Frequently Asked Questions Regarding Pico MES Financial Insights

What are the most recent funding rounds that Pico MES has completed, and what were the funding rounds?
Pico MES has recently completed 1 funding rounds: Angel/Seed on May 10, 2022.
What is the total amount of funding Pico MES has raised to date?
Pico MES has raised a total of $6.8M in funding to date.
How many funding rounds has Pico MES completed?
Pico MES has completed 1 funding rounds.
How much funding did Pico MES raise in its most recent funding round?
Pico MES raised $6.8M in its most recent funding round.
Who are the lead investors in Pico MES's latest funding round?
The lead investor in Pico MES's latest funding round was Schneider Electric. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Pico MES's history?
The largest funding round in Pico MES's history was $6.8M.
See more information about Pico MES