AI & Enterprise
Industrial AI startup CVector raises $5 million seed for factory optimisation technology
Industrial AI startup CVector has raised $5 million in seed funding, TechCrunch reported on Jan. 26. The company plans to accelerate commercialisation of its factory optimisation technology. Powerhouse Ventures led the round, with Fusion Fund, Myriad Venture Partners and Hitachi\'s corporate venture unit participating. CVector develops AI-based software to cut costs by optimising factory operations and is working with public utilities, manufacturing sites and chemical producers.
