Manufacturing IIoT solution raising $500K
Centenelle (centenelle.com) adds patented AI technology to power meters for electric motors driven systems used in manufacturing to provide performance and power quality monitoring without adding installation cost or complexity. Benefits include reduced downtime, energy savings, and lower maintenance costs. Pre-revenue business building high-margin Cloud-base subscription service. Bootstrapped first 25 devices to prove concept with endorsements. Experienced management team is raising $500K next to build 100 devices and get into the market. Product compliments strategic partners for exit.
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