Tech Company Financing Transactions
Fero Labs Funding Round
Fero Labs closed a $15 million funding round on 6/21/2023. Investors included OGCI Climate Investments, Blackhorn Ventures and DI Technology.
Transaction Overview
Company Name
Announced On
6/21/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
OGCI Climate Investments (Lead Investor) (Felicity O'Kelly)
Proceeds Purpose
The company intends to use the funds to support its white-box artificial intelligence (AI) and deployments of new features that drive real-time emissions reduction for steel, cement, chemical sectors.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
433 Bdwy.
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Use machine learning to optimize your factory production. Fero is an explainable machine learning software that is powering the next wave of industrial process optimization.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Berk Birand
Chief Scientific Officer
Alp Kucukelbir
VP - Engineering
Todd Gardner
VP - Marketing
Elisabeth Rosen
VP - Operations
Pamir Ozbay
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Next: 6/21/2023: Cargobot venture capital transaction
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