Industrial data platform Element Analytics has secured $19.5m in a round featuring General Electric, Honeywell, ABB, Mitsui and Aster.
US-based industrial analytics software developer Element Analytics disclosed $19.5m of series A funding on Monday from investors including corporates General Electric, Mitsui, Honeywell and ABB.
Power and automation equipment maker ABB, conglomerate Mitsui, and industrial and consumer product makers GE and Honeywell were joined by Aster, the VC partnership for corporates Alstom, Solvay and Schneider Electric, as well as Blue Bear Capital and Kleiner Perkins Caufield & Byers’ Green Growth Fund.
Element Analytics has built an analytics platform that aggregates…
