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Fluence Analytics Closes New Financing Round And Business Collaboration Agreement With Yokogawa Electric Corporation

Aug 17, 2021•almost 4 years ago

Houston

Description

Fluence Analytics, the global leader in continuous polymer reaction monitoring and control, whose industry-leading ACOMP (Automatic Continuous Online Monitoring of Polymerization Reactions) device is the only commercially available system that continuously monitors and measures polymerizations in real time, today announced the close of a venture funding round and new business collaboration agreement with Yokogawa Electric Corporation. In addition to signing the collaboration agreement, Yokogawa Electric also participated in the $7.5M financing with other investors, including Energy Innovation Capital, Diamond Edge Ventures (Mitsubishi Chemical Holdings Corporate Venture), and JSR Corporation.

Company Information

Company

Fluence Analytics

Location

Houston, Texas, United States

About

Fluence Analytics delivers realtime analytics solutions to polymer manufacturers. The realtime data streams generated by the company's products provide novel insights into material properties. This enables customers to optimize and control polymerization processes—leading to greater yields, improved product quality, and reduced cycle times. Investors include Energy Innovation Capital, an energy technology venture firm, Diamond Edge Ventures, JSR Corporation, and Yokogawa. Visit www.fluenceanalytics.com to learn more about the company's solutions for realtime data acquisition and realtime optimization.

FundzWatch™ Score

Medium Activity