Optimitive, a Vitoria-Gasteiz, Spain-based company that provides high-tech solutions through advanced analytics and artificial intelligence (AI), received an investment from Cemex Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Fernando de la Prida, Optimitive has developed proprietary artificial intelligence software to enhance efficiency across heavy industries. It offers advanced solutions for process improvement, maintenance, and services, with a focus on the cement industry during the last years. The company has developed a far-reaching solutions featuring real-time and closed-loop process optimization, which means it can autonomously learn and adjust optimal set points in autopilot mode.
It operates in the Americas, Europe, Africa and Asia, with over 10 years of experience in process industries.
FinSMEs
24/04/2025