202401 May

Cogtive Receives R$10M Investment from Indicator Capital

Summary

Cogtive, a São Paulo, Brazil-based startup that enhances the productivity of manufacturing industries through IoT technologies, digital twins, and artificial intelligence, receives a R$ 10M investment from Indicator Capital. Led by CEO Reginaldo Ribeiro, Cogtive provides technology that maximizes the management capacity of production teams and operational excellence in manufacturing industries of various sizes and levels of maturity. The solution provided a comprehensive view of the plant floor through data integration, analyzing machine efficiency individually, and ensuring an understanding of all areas of the production flow. The ability to integrate all stages quickly and ‘plug and play’ is enhanced with generative and discriminative artificial intelligence, named TÆLOR. Commenting on the news, Reginaldo Ribeiro said: “We want to expand our presence by positioning ourselves as the number 1 solution for productivity gains in Manufacturing, especially for industrial segments such as pharmaceuticals, animal health, cosmetics, food and beverages, paints, and chemicals in Latin America.”

Source: Finsmes

Funding

$10M
Amount
May 01 2024
Date
-
Investor
Cogtive
Company

Classifications

Companies