Tulip has secured 120 million in new funding. Mitsubishi Electric led the round. The company also signed a strategic alliance with Tulip. This signals a firm commitment to a new era of digital transformation in manufacturing.
Manufacturers face sharp pressures. Supply chains are unstable. Labour shortages are widespread. Many factories still rely on slow and disconnected systems. Paper based workarounds make the problem worse. Tulip addresses these issues with an AI native platform. It supports frontline teams with fast problem solving. It turns complex data into clear action.
Mitsubishi Electric plans to use Tulips platform to roll out scalable applications at speed. The strategy marks a shift away from rigid software stacks. The aim is simple. Support people on factory floors with AI tools that fit their daily work.