Press Release General 2 min read

Copia Raises $26M in Funding to Unify OT Code Management, Backup, and Recovery

Copia Automation has announced $26 million in additional funding, bringing the total raised to $55 million, to enhance its platform for managing, backing up, and recovering PLC code.

AE Ventures Squadra Ventures KAS Venture Partners Construct Capital Lux Capital Ironspring Ventures Renegade Partners Copia Automation
Press ReleaseJune 16, 2026
AE Ventures

Copia Automation has successfully secured an additional $26 million in funding, bringing its total capital raised to $55 million. The funding round, announced on June 16, 2026, was co-led by AE Ventures and Squadra Ventures, with participation from KAS Venture Partners and continued support from existing investors including Construct Capital, Lux Capital, Ironspring Ventures, and Renegade Partners. This investment comprises both equity financing and venture debt, aimed at enhancing Copia's platform for managing, backing up, and recovering programmable logic controller (PLC) code.

Copia Automation operates at the intersection of industrial technology and cybersecurity, providing critical solutions for managing the code that governs industrial automation systems. As manufacturing in the United States experiences a resurgence, the need for robust code management has never been more pressing. Traditional IT solutions are inadequate for safeguarding PLCs due to their reliance on proprietary tooling from various vendors. This gap in protection has become increasingly concerning as cyberattacks targeting industrial devices have surged, highlighting the necessity for specialized tools that can ensure the resilience and security of these systems.

The funding will enable Copia to accelerate its product development and support flexible deployment options, from cloud-based solutions to customer-managed data centers and air-gapped environments. This strategic focus is particularly relevant for operational technology (OT) teams, who are often the first responders in the event of cyber incidents or system downtimes. By equipping these teams with validated backups, version control, and AI-powered coding tools, Copia aims to enhance their ability to manage critical automation code effectively.

The industrial sector is currently navigating a complex landscape marked by modernization efforts, the reshoring of production, and an evolving cyber threat environment. As highlighted by Tyler Rowe, Partner at AE Ventures, the governance of industrial code is becoming increasingly vital, akin to the rigor applied to enterprise software. In industries such as aerospace, defense, and energy, the need for traceability, security, and recovery is paramount. The investment in Copia underscores a growing recognition that industrial code is a strategic asset that must be managed with the same level of diligence as traditional IT systems.

Looking ahead, the implications of this funding extend beyond Copia Automation itself, signaling a broader trend in the industrial sector towards enhanced cybersecurity and operational resilience. As companies continue to modernize their infrastructure and face mounting cyber threats, the demand for specialized solutions like those offered by Copia is expected to increase. This funding round not only positions Copia as a leader in industrial code management but also reflects the critical importance of safeguarding the backbone of modern industry in an increasingly digital world.

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