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Raleigh startup focusing on optimizing customers' energy, other processes raises $6M


RALEIGH – Investors have poured $6 million into Raleigh-based ndustrial, an emerging startup that utilizes machine learning and other technology to help clients optimize operations and reduce energy costs.
“This funding will enable us to move our technology into broader market areas and use cases within the industrial segment,” said Jason Massey, the founder and CEO, ndustrial, in announcing the funding. “Expanding our footprint will allow more industrial businesses to derive insights from real-time, streaming data, and to apply algorithms to automate efficiencies in energy usage or production applications. This gives our customers a competitive advantage as well as the ability to drive innovation across their sites.” ....

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ndustrial Raises $6 Million in Series A Funding to Accelerate Efficiency and Innovation Across Industrial Businesses


RALEIGH, N.C. (BUSINESS WIRE) May 5, 2021
ndustrial, a provider of software and services that seamlessly optimize industrial facilities across all stages of discrete and process manufacturing supply chains, announced today the closing of a $6 million Series A funding co-led by ENGIE New Ventures and Clean Energy Ventures, with participation from Orion Energy Systems, Lineage Logistics, and Clean Energy Venture Group.
Real-time Industry 4.0 (Graphic: Business Wire)
In today’s world, where industrial businesses need a path to extract more value from their digitization efforts and where they have already implemented the “easy” efficiency wins, ndustrial enable customers to better access, aggregate, analyze, optimize, and act on data. Leveraging the company’s technology platform – and applying its integration and advanced analytics know-how to captured data – ndustrial enables companies to gain deeper insights into their business, identify an ....

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