Imubit provides a Closed Loop Neural Network platform that delivers AI-driven process optimization for hydrocarbon processing plants. The platform is powered by its patent-pending Deep Learning Process Control® technology and helps operators discover, engineer and monetize optimization opportunities. The solution enables plants to execute their most profitable operational strategies on a 24/7 basis. Led by CEO Gil Cohen, Imubit targets refiners and chemical operators seeking continuous process improvements. The company plans to use the new funding to deploy its Closed-Loop Neural Networks to process manufacturing plants around the globe. Financially, the recent round increases Imubit’s total funding to $50M.

Total raised

$30M

Funding rounds

1

Latest round

Series B

Latest activity

Aug 2021