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Cogtive receives an investment of R$10 million from Indicator Capital


Cognitive

Cognitivea São Paulo, Brazil-based startup that improves the productivity of manufacturing industries through IoT technologies, digital twins and artificial intelligence, receives an investment of R$10 million from Indicator Capital.

The company plans to use the money to accelerate the development and implementation of artificial intelligence on the ‘factory floor’ and supply chains.

Led by CEO Reginaldo Ribeiro, Cogtive delivers technology that maximizes manufacturing team management capacity and operational excellence across manufacturing industries of varying sizes and maturity levels. The solution provided a comprehensive view of the factory floor through data integration, individually analyzing machine efficiency and ensuring visibility into all areas of the production flow. The ability to integrate all phases quickly and ‘plug and play’ is enhanced with generative and discriminative artificial intelligence, called TÆLOR. This allows a production manager to know in natural language whether he can meet the monthly plan and what actions he needs to take.

Commenting on the news, Reginaldo Ribeiro said: “We want to expand our presence by positioning ourselves as the number 1 solution for productivity gains in manufacturing, especially for industrial segments such as pharmaceuticals, animal health, cosmetics, food and beverages, paints and chemicals in Latin America.”

FinSMEs

01/05/2024