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.
The company intends to use the funds to accelerate the development and implementation of artificial intelligence on the ‘plant floor’ and supply chains.
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. With it, a production manager will be able to know, in natural language, if they will be able to meet the monthly plan and what actions they need to take for that to happen.
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.”
FinSMEs
01/05/2024