Fluence Analytics, a New Orleans, LA-based formerly Advanced Polymer Monitoring Technologies (APMT), has raised a Series A funding of undisclosed amount.
The round was led by Energy Innovation Capital (EIC) participation from other investors. As part of the financing, George Coyle, a Managing Partner of Energy Innovation Capital, joined the Fluence Analytics’ Board of Directors.
The company will use the funds to grow the team and expand the range of polymer applications it supports.
Led by Alex Reed, CEO, Fluence Analytics products optimize efficiency, cost and quality of manufacturing and R&D processes in polymer and biopharmaceutical industries.
Analysis of the confluence of realtime data generated by the company’s products allows customers to produce materials at the lowest cost with the highest quality and yield, all while minimizing environmental footprint.