Tech Company Financing Transactions

Imubit Funding Round

Insight Venture Partners, Zeev Ventures and Spider Capital participated in a $30 million funding round for Imubit. The financing round was announced on 8/18/2021.

Transaction Overview

Company Name
Announced On
8/18/2021
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors

Insight Venture Partners (Lead Investor) (Josh Fredberg)

Zeev Ventures (Lead Investor)

Spider Capital

UpWest Labs

Proceeds Purpose
The company intends to use the funds to bring its Closed-Loop Neural Networks to every process manufacturing plant around the globe.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
3737 Buffalo Speedway 500
Houston, TX 77098
USA
Email Address
Overview
Imubit gives hydrocarbon processing leaders a way to discover and monetize new process optimization opportunities that until now were considered too complex -- or even impossible to go after. Solving the hardest problems in the most complex industries with the Imubit Closed Loop Neural Network.
Profile
Imubit LinkedIn Company Profile
Social Media
Imubit Company Twitter Account
Company News
Imubit News
Facebook
Imubit on Facebook
YouTube
Imubit on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gil Cohen
  Gil Cohen LinkedIn Profile  Gil Cohen Twitter Account  Gil Cohen News  Gil Cohen on Facebook
Chief Scientific Officer
Nadav Cohen
  Nadav Cohen LinkedIn Profile  Nadav Cohen Twitter Account  Nadav Cohen News  Nadav Cohen on Facebook
VP - Engineering
Yaniv Shaya
  Yaniv Shaya LinkedIn Profile  Yaniv Shaya Twitter Account  Yaniv Shaya News  Yaniv Shaya on Facebook
VP - Sales
Kevin Clarke
  Kevin Clarke LinkedIn Profile  Kevin Clarke Twitter Account  Kevin Clarke News  Kevin Clarke on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/18/2021: Kare venture capital transaction
Next: 8/18/2021: ClosedLoop.ai venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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