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
Funding Amount
$1,250,000
Company Info
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
Market
Manufacturing
Location
New York, NY, US
Coinvestors
500 Startups, Momenta Ventures, Kevin Mahaffey
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.

Links
Website
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