Cosmo Tech success
 
 
French Tech Hub customer Cosmo Tech – decision management solution based on Augmented Intelligence – announced this month the successful closing of a $21 million financing round.

Cosmo Tech offers a suite of products delivering optimized asset management and operations solutions for critical infrastructure. Among its users are some of France’s largest companies, including RTE, Alstom, and Nexans. The company plans to build on this success at the European level as well as leverage the Cosmo Tech Augmented Intelligence Platform, the common foundation on which each solution is built, through partners who will build their own solutions directly.

Cosmo Tech started in France in 2010, raising $8.7M in two funding rounds in 2014, and another $3M in 2017. This new round brings the company’s total funding amount to $33M.

 With this new financing we will further accelerate our revenue growth supported by our enthusiastic early adopters in Europe and selected number of partners” says Hugues de Bantel, co-founder and CEO of Cosmo Tech. “I look forward to creating tremendous value for them as we continue to lead in the provision of Augmented Intelligence solutions for Europe’s critical infrastructure sector.”
Cosmotech website: https://cosmotech.com/
 

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