Amplio, the AI company transforming how enterprise manufacturers manage surplus, today announced it has raised $11.1 million in a Series A funding round led by Hitachi Ventures and Yamaha Motor Ventures. Existing backers, including Construct Capital, Slow Ventures, Alpaca VC, and High Alpha Capital, also participated in the round.
The new capital will be used to expand Amplio’s go-to-market operations and deepen its investment in agentic system development. The company plans to broaden its capabilities across new surplus categories, including rolling stock, raw materials, and finished goods.
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“We believe the future of manufacturing is intelligent, circular, and AI-native. By surfacing and realizing the value of stagnant surplus, Amplio is here to make that future real,” said Trey Closson, the company’s CEO and co-founder.
AI Agents Built for Supply Chain Complexity
Amplio’s AI-powered agents are designed to tackle the messy, high-volume world of industrial equipment surplus. The platform automatically parses massive inventories, identifying redeployment opportunities across facilities. When redeployment isn’t viable, Amplio’s agents appraise inventory at the SKU level, determining the resale value and listing it on Amplio’s private marketplace. This trusted environment attracts serious, vetted industrial buyers, and current customers are realizing value recovery up to 5x industry standards.
“Agentic AI is poised to transform global supply chain operations fundamentally. AI agents are capable of constantly monitoring operations, detecting major opportunities for optimization, predicting and mitigating disruptions. However, with disparate system interfaces and fragmented data, building AI Agents to help enterprises more efficiently manage their surplus assets is hard, and the stakes are high. Amplio built agentic systems that reason within these environments and continuously improve their performance,” said Taha Zinifi, co-founder and Chief Product Officer at Amplio.
A Circular, Competitive Advantage
By helping manufacturers shift away from buying new and sending unused equipment to landfills, Amplio is making circularity competitive. To date, the platform has diverted thousands of tons of equipment from waste and returned millions of dollars in resale value to customers such as Georgia-Pacific, NCR Voyix (NYSE: VYX), and Holland America (NYSE: CCL).
“The Amplio team deployed its deep domain experience and technical expertise to develop a proof of concept for circularity to be both scalable and profitable. Hitachi Ventures is excited to support Amplio’s efforts to address the large-scale economic and environmental challenges presented by the real-world problem of industrial inventory surplus,” said Pete Bastien, Partner at Hitachi Ventures.
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