Nexxa.ai, an AI-native company focused on transforming the way industrial engineers operate in digital environments, announced a $4.4 million pre-seed funding round. The funding round was driven by a16z speedrun with participation from institutional investors Augment Ventures, Propeller Ventures, Plug and Play, Beat Ventures, SBI, Untapped Ventures, and Cross Atlantic Angels, as well as angel investors Rick Berry and Pat McCarthy, among others. The company was also selected for speedrun Badge 5, a16z’s elite accelerator for AI startups.
Despite the rise of enterprise software and AI, over 4 million industrial engineers still rely on fragmented, in-house systems and manual processes. Nexxa deploys AI agents that integrate with existing software like engineering tools or estimating systems, understanding the industrial engineering context and acting autonomously or collaboratively, speeding up work without replacing systems.
Momentum: Founded in May 2024, Nexxa has achieved threefold growth in booked annual contract value in 2025. Early adopters include Fortune 100 and midmarket firms, with AI impacting operational workflows.
How the funding will be used: The funds will be utilized to expand engineering resources and diversify into additional industries. Nexxa was selected for a16z’s speedrun Badge 5, gaining access to AI ecosystem, infrastructure, and go-to-market support.
KEY QUOTES:
“Having worked in industrials for over a decade, I believe that there has never been a more critical time to invest in technology that can have a real impact on our infrastructure. Our goal is to build an AI approach that can understand and learn deeply technical operations from scratch. We are excited to bring on this additional capital and institutional guidance to accelerate our AI development.”
Philipp Wehn, co-founder and CEO of Nexxa
“Nexxa is shaping the future of industrial engineering with an execution-focused approach to AI. The potential of Nexxa is enormous – and they are just getting started.”
Troy Kirwin, partner at a16z speedrun
“Philipp brings a deep understanding of pain points for industrial businesses which existing solutions fail to address. We are backing Nexxa because they are not just automating tasks but also building intelligent systems that drive results in complex enterprise environments.”
Sonali Vijayavargiya, founder and managing partner at Augment Ventures
“Nexxa demonstrates strong potential through its focus on AI for industrial engineering and its ability to connect with existing software systems. This capability is highly relevant for our customers and partners, which is why Nexxa is part of the Siemens Xcelerator ecosystem.”
Mario Mattern, head of portfolio management, partnering and startups at Siemens Mobility
