ControlRooms.ai Secures $10M in Series A Funding for AI Troubleshooting

ControlRooms is an AI troubleshooting platform that learns plant behavior to optimize productivity and minimize downtime.

Source: ControlRooms

Company Name: ControlRooms.ai

Location: Austin, TX

Nature of Business: AI-Assisted Troubleshooting for Manufacturers

Funding Raised: $10M in Series A round

Lead Investor: Origin Ventures

Other Investors:

Amity Ventures
Tokio Marine Future Fund
S3 Ventures
GTM Fund
Alpha Square Group
FJ Labs

Purpose for Funds: Drive product development and target market entry in the chemical, energy, and materials sectors.

Background:

Nature of Product/Service: AI Troubleshooting platform that learns plant behavior to optimize productivity and minimize downtime. It identifies operational issues without pre-set rules, often before standard alarms.

Company Leadership: Monte Zweben, CEO; Omar A. Talib, President.

ControlRooms.ai offers a proactive solution for manufacturers, with an AI system that identifies issues in real-time. Current users include OCI Global and Ardagh Group. With the recent $10M funding from Origin Ventures and others, the company aims to enhance its product and enter new industry sectors.

Pelotero Secures $3M in Seed Funding for AI-Powered Player Intelligence Platform

Pelotero is pioneering the integration of AI with sports coaching to create personalized training experiences.

Brenig Therapeutics Secures $65M in Series A Funding for Neurology Drug Development

Brenig Therapeutics is a neurology-focused drug development company utilizing an AI/ML-based discovery platform,

Monarch Tractor Secures $133M in Series C Funding for AI-Driven Agricultural Expansion

Monarch Tractor is pioneering the transformation of the agricultural industry by integrating AI and autonomous technology into its electric vehicle solutions, thus enhancing farm management and sustainability practices globally.

Read next