Accurant Invests in Renovo Automation for AI enabled Advanced Automation Technology & IoT Solutions
Summary
Accurant International has invested in Renovo Automation to support AI-enabled automation and IoT solutions for utility and industrial operations. Renovo’s platform is positioned as a modern replacement for legacy SCADA and automation systems, with cloud-ready or on-prem deployment options. The company says the software can speed up implementation, reduce maintenance effort, and improve resilience through AI assistance, web-based controls, and seamless upgrades. The solution targets use cases such as SCADA modernization, disaster recovery, enterprise automation, and monitoring and control across utility assets.
Funding
Amount
-
Total raised
Date
October 13, 2025
Announcement date
Investors
-
Lead investors
Company
https://renovoautomation.com/
Funded company
Classifications
industries
Energy & Natural Resources
applications
Web and Content Management
AskAI Classifications
Labels
SCADA Software
Industrial IoT Software
Utility Software
Linked Companies
Renovo Automation LLC
$5M to $10M