Tignis provides a physics-driven software solution for managing industrial assets, processes and operations. Using machine learning and digital twins, Tignis monitors mechanical systems, not just individual assets, so manufacturers can expand predictive maintenance coverage, detect and reduce risks to plant or line reliability, enhance O&M team productivity, and improve plant performance.
Tignis, a technology innovator in AI process control for semiconductor manufacturing, today announced it has received Series A funding from M Ventures, the strategic corporate venture arm of Merck, KGaA, Darmstadt, Germany—a leading science and technology company. This investment brings Tignis’ total Series A funding received in 2022 to $10 million. Tignis was introduced to M Ventures through the SEMI Startups for Semiconductor Sustainability program.