WSS Redpoint advises the Leverkusen-based AI software provider OMMM on a seed financing round of around EUR 3.6 million, led by neoteq ventures and NRW.BANK together with business angels.

OMMM develops AI-based operations management software for industrial production planning. The planning suite comprises the modules AI business planning, AI demand forecasting and AI production planning, and generates feasible, optimal plans across all stages of the value chain. OMMM integrates into existing ERP landscapes in the cloud or on premises, including SAP connectivity, and enables automated sequencing and lot-size planning as well as Gantt-based control for more efficient decision-making and greater transparency along the supply chain.

OMMM intends to use the capital to further develop its position in the food industry and roll out the software internationally.

Reinhard Vanhöfen on the collaboration: ‘This financing round, my first, was a real turning point. It was about laying a sound foundation for the future. The last 4 weeks before the notary appointment were h… Peter and his team always managed to keep us focused, to explain things to us and, yes, to calm us down, taking us step by step through each stage to the finish line. With expertise, empathy and constant availability, we got there in the end. Peter, Björn and Bonny, thank you for standing by our side during difficult weeks. WSS Redpoint: highly recommended.’

On the financing round, Peter Siedlatzek and Björn Brücher (both venture capital and corporate law) and Bonny Kern (IT/IP law and data protection) advised on behalf of WSS Redpoint.