Copenhagen-based Go Autonomous, a pioneer in AI-powered B2B commerce technology, has been selected to join the esteemed Aerospace Xelerated (AX) programme, marking a significant milestone as the first Danish company to do so.
The startup was chosen through the accelerator’s recently introduced “always on” model, which was unveiled last year. Go Autonomous earned its place by successfully tackling an innovation challenge focused on automatically capturing and validating complex data from documents and emails.
Go Autonomous’ technology is already employed by industry giants in manufacturing and B2B distribution, such as Grundfos and Saint-Gobain Distribution Denmark. The startup is now collaborating with major stakeholders in the aerospace sector to address the challenges posed by fragmented and inefficient communication and transaction processes. As part of the AX programme, Go Autonomous conducted a proof of concept to assess the applicability of its technology within the aerospace industry.
Bjarke Ruse Sejersen, CEO and founder of Go Autonomous, stated, “By harnessing our technology, we seek to empower every company and the people at its core to simplify how they interact, transact, and work. Joining the Aerospace Xelerated programme has been a massive opportunity for us to pressure test our product and make connections that will take our operations to the next level. We are also incredibly proud to be the first Danish company to join AX and its diverse portfolio of companies.”
Through the AX global accelerator, Go Autonomous has gained access to additional business and investment opportunities, alongside hands-on mentorship and support to aid their development and growth. Previous participants of the programme have collectively raised over £250 million in further funding and have generated nearly a thousand new, highly skilled jobs globally.
Nichola Bates, Managing Partner at Aerospace Xelerated, commented, “Communication is everything not only in aerospace but in all areas of our life. Go Autonomous makes it easier for companies to communicate and transact with each other in real-time, in a more seamless and efficient way – something that will also help many companies save valuable time. We were thrilled to have them join our portfolio and look forward to seeing how our support will help them develop their offering even further.”
Go Autonomous’ AI-driven platform aids major organisations in managing large volumes of unstructured communication data, extracting valuable insights, and automating processes to enhance efficiency. By automating data processing and integrating with existing workflows, Go Autonomous’ solution aligns with broader industry trends towards digitisation. Users of the platform have reported a 3-10x increase in their quote and order processing capacity, thanks to a 90% reduction in manual data entry. The efficiency gains and reduction in manual tasks provided by the company are also aiding their clients in achieving sustainability goals by optimising resource allocation.
Since its launch in 2019, and with the backing of corporate and government industry leaders such as The Boeing Company and Tawazun Council, the Aerospace Xelerated programme has invested in, mentored, and supported over 40 startups from 15 countries across 12 different industries, all of which are developing scalable and sustainable solutions for the aerospace sector and beyond.
“Go Autonomous is a shining example of the innovative companies participating in the global Aerospace Xelerated programme, developing useful and scalable solutions for the aviation industry and beyond,” said Maria Laine, President of Boeing UK, Ireland, and the Nordic region. “As the first Danish startup to be selected to join the accelerator, it is testament to the skills, talent, and potential that exists right here in Denmark.”
AX is dedicated to fostering innovation, and the programme team is continuously seeking startups working to improve processes and outcomes within the aerospace sector, ensuring their partners have access to the most exciting technology being developed to sustain the future of aerospace.
For more information, visit xelerated.aero