SKF aquires Presenso
Swedish company SKF has signed an agreement to acquire Israeli company Presenso, which develops and deploys artificial intelligence (AI)-based predictive maintenance software.
EDP Ventures invested in Fuelsave to reduce fuel consumption and increase efficiency in the transportation industry.
EDP Ventures has invested in Fuelsave, a software company changing the future of real-time data analysis for driving and fuel optimization in the truck transportation market. By collecting and analyzing real-time data from the vehicles, Fuelsave is able to offer transportation companies considerable fuel savings without compromising routes
EDP Ventures and INSEED invest in a water resources management startup
EDP Ventures together with INSEED Investimentos, invested R$ 4.5 million at Fractal Engenharia e Sistemas. Fractal develops solutions for forecasting hydrological events and intelligent systems capable of assisting in the management of dams, promoting process automation and increasing the safety level of hydroelectric plants in the country.
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.