- May 19, 2017
- Posted by:
- Category: FundingSMEs.com
Invenia has raised $5 million in Series A funding.
Founded in 2006, Invenia optimizes the electrical grid, using a cloud-based machine learning platform that makes autonomous decisions for important real-world problems. The technology learns patterns of electricity production, consumption, and transmission, and to make autonomous decisions that help make the grid more efficient while reducing harmful emissions.
The cash injection will allow the company to double in size in the next 18 months.
|Founder / CEO||Matthew Hudson|
|Investors||Zetta Venture Partners|