83North

Assembly Line

Samotics Completes Series A Funding Round to Lead Fight Against Industrial Energy Waste

Date:

Topics: funding event

Organizations: Samotics, 83North

Samotics, a leading provider of real-time actionable insights to eliminate industrial energy waste and unplanned downtime, has completed a EUR 14.5 million Series A funding round. The round was led by 83North, a global venture capital firm with a proven track record in building category leaders across multiple domains including Internet of Things (IoT) and Artificial Intelligence (AI) technologies.

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