ChemTech AI (Equity)

Funding Details
Awarder
StartEngine
Date Award
June 13, 2024
Vertical
AI software for future manufacturing
Funding URL
View Funding Page
Valuation
$19,970,000

Company Info
Founding Year
Not provided in the memo
Traction
Corporations like International Flavors & Fragrances (NYSE: IFF) have successfully renewed their subscription and scaled it to multiple factories. The company has signed contracts worth over $970,000 between January and April 2022.
Organizations Involved
International Flavors & Fragrances (NYSE: IFF)
Founders
Oleg Giiazov
Company Description
AI-based software designed to operate food, chemical, and cosmetic production lines. Fully autonomous and highly efficient. It ensures waste-free, energy-efficient, and low-carbon emission manufacturing.
Market
Manufacturing
Location
New York, NY, US
Coinvestors
500 Startups, Momenta Ventures, Kevin Mahaffey

Links
Back to Home Back to AI software for future manufacturing Deals View Funding Announcement