Raven.ai, an Ottawa, Canada-based provider of data contextualization software for frontline operations, raised USD$12M and closed its Series A funding.
The round was led by Momenta Ventures and Chartline Capital Partners with participation from Celtic House Venture Partners, Export Development Canada and angel investors.
The company intends to use the funds to continue rapid expansion of its capabilities.
Led by CEO Martin Cloake, Raven is a provider of data contextualization software for frontline operations. Its solutions, designed with an operator-first mindset, leverage proprietary IoT/edge devices and AI to unite various sources of manufacturing data to deliver an accurate timeline of information. The company serves manufacturers globally in Discrete, Food and Beverage, Pharmaceuticals, Agri-Food, and Healthcare.
FinSMEs
27/01/2023