EDP Ventures and INSEED invest in Artificial Intelligence startup
EDP Ventures, an EDP Group venture capital investment vehicle, and Criatec 3, a fund managed by INSEED Investments, have announced a joint R$ 6.5 million investment in Dom Rock, a technology startup, which develops applications capable of extracting, consolidating and analyzing large volumes of data in different formats to improve organizations’ management and operational efficiency.
EDP Invests in Presenso, Machine Learning-based Predictive Maintenance Solution Provider
EDP Ventures has invested in Presenso, a leading provider of Artificial Intelligence driven Predictive Maintenance for industrial assets. This investment supports a strategic partnership between EDP and Presenso, aiming to accelerate Industry 4.0 adoption within the utility sector.
Sepio Systems concluded an investment round focused on the European market
EDP Ventures, together with Mindset Ventures, Pico Venture Partners and Founders Group, invested in Sepio Systems, U.S.-Israeli cybersecurity company. The investment will promote the continuous development of technology and deployment among utilities, financial institutions and large enterprises in Europe.
Enging raised 1M€ from EDP Ventures and Busy Angels
Enging, the disruptive web platform focused on the live monitoring of the condition of electric motors and power transformers, raised 1M€ from EDP Ventures and Busy Angels. The company is preparing to enter the German and Indian markets.