Spanish startup Optimitive raises first funding to sell AI software to industry


Five-year-old Spanish startup Optimitive has raised a $1.9 million Series A round from European venture capital fund GGM Venture Capital to boost sales of its artificial intelligence software. The company, which came out of the Surge Accelerator in Houston, can help refineries, manufacturers, power generators and industries that are heavy energy users, make their processes more efficient in real time.

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