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Accenture Invests In Cosmo Tech, Expanding Clients’ Access To Digital Twin Simulation Technology

PRIVATEJan 23, 2023over 3 years ago
New YorkInformation TechnologySoftwareArtificial IntelligenceMachine Learning

Investors

Accenture VenturesAccenture HasAccenture

Description

Accenture (NYSE: ACN) has made a strategic investment in Cosmo Tech, a global provider of digital twin simulation and optimization technology. The agreement, through Accenture Ventures, took place during the first phase of the company ́s Series C fundraising.

Company Information

Company

Cosmo Tech

Location

New York, United States

About

Cosmo Tech designs Simulation Digital Twin software to solve the most complex industrial problems and lead enterprise decision making. This next-gen hybrid AI technology provides 360° simulation that predicts the evolution of an organization in uncertain environments to better understand the impact of decisions and to optimize all levels of enterprise planning. With this 360° view of the organization, decision makers can run unlimited scenarios to anticipate all possible futures even under conditions that have never occurred before. Leading companies from the manufacturing, automotive, energy, and transport sectors rely on Cosmo Tech scalable solutions to ensure a future that is robust, resilient, and sustainable.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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