{"id":471964,"date":"2022-03-02T08:57:00","date_gmt":"2022-03-02T03:27:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=471964"},"modified":"2022-03-02T09:44:18","modified_gmt":"2022-03-02T04:14:18","slug":"exactspace-technologies-raises-1-4-mn-in-seed-funding-led-by-thermax","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/exactspace-technologies-raises-1-4-mn-in-seed-funding-led-by-thermax\/","title":{"rendered":"ExactSpace Technologies raises $1.4 mn in seed funding led by Thermax"},"content":{"rendered":"<p>Industrial AI startup ExactSpace Technologies on Monday announced that it has raised $1.4 million (Rs 10 cr) in seed funding led by Thermax Limited. The funds will be used by ExactSpace to strengthen its suite of industrial solutions and expand its operations to North America.<\/p>\n<p>The startup\u2019s proprietary AI platform Pulse combines algorithms which \u2018learn\u2019 about machine behaviour with expert knowledge of the industry it is deployed in to help operators make accurate or \u2018Exact\u2019 decisions. Deployed at over 60 plants globally, ExactSpace is well positioned to play an integral role in this $100 billion market opportunity.<\/p>\n<p>Ashish Bhandari, MD &amp; CEO, Thermax, said, \u201cOur investment in ExactSpace is a step to augment our digital capabilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Industrial AI startup ExactSpace Technologies on Monday announced that it has raised $1.4 million (Rs 10 cr) in seed funding led by Thermax Limited. The funds will be used by ExactSpace to strengthen its suite of industrial solutions and expand its operations to North America. The startup\u2019s proprietary AI platform Pulse combines algorithms which \u2018learn\u2019 about machine behaviour with expert knowledge of the industry it is deployed in to help operators make accurate or \u2018Exact\u2019 decisions. Deployed at over 60 plants globally, ExactSpace is well positioned to play an integral role in this $100 billion market opportunity. Ashish Bhandari, MD [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-471964","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/471964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=471964"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/471964\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=471964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=471964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=471964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}