Copia raises $26M Series B to unify OT code management, backup and recovery
What's the deal? Copia Automation, a New York-based startup that helps industrial teams manage, back up, and recover the code running factory equipment, has raised $26M in a Series B round. The funding brings Copia's total raised to $55M.
AE VenturesDealroom has a profile for this one. Try Dealroom → and Squadra VenturesDealroom has a profile for this one. Try Dealroom → co-led the round, joined by KAS Venture PartnersDealroom has a profile for this one. Try Dealroom →. Existing backers Construct CapitalDealroom has a profile for this one. Try Dealroom →, Lux Capital, Ironspring VenturesDealroom has a profile for this one. Try Dealroom →, and Renegade PartnersDealroom has a profile for this one. Try Dealroom → also participated. The round included a mix of equity and venture debt.
Copia plans to use the capital to accelerate product development and support deployments across cloud, on-premise data centres, and air-gapped environments.
Why now? Manufacturing is reshoring to the US, critical infrastructure is being modernised, and new facilities are coming online. All of these systems depend on programmable logic controllers (PLCs) — the industrial devices that automate the physical world.
The problem: traditional IT security tools can't protect PLCs. Each vendor uses proprietary tooling, meaning the software that safeguards everyday business systems simply doesn't work on these devices. The teams responsible for automation lack basic tools their IT counterparts take for granted — validated backups, version control, and recovery capabilities.
Meanwhile, cyberattacks targeting industrial control systems have become a recurring headline, with adversaries increasingly going after the controllers running critical infrastructure.
What could go wrong? Copia operates in a fragmented market where every PLC vendor has its own ecosystem. Winning broad adoption means integrating with a patchwork of proprietary platforms — a slow, resource-intensive process. The startup also faces the challenge of selling into risk-averse industrial customers that move cautiously on new technology.
Air-gapped and on-premise deployments add complexity and cost, potentially stretching the company's resources as it scales.
The signal: AE Ventures, the venture capital arm of industrial-focused AE Industrial Partners, co-leading this round underscores that operational technology resilience is now a priority for investors with deep industrial expertise — not just generalist cyber funds. With $55M raised and US reshoring accelerating, Copia is positioning itself as the version-control layer for a class of infrastructure code that has historically had no standardised management tooling.
Read more: prnewswire.com
