Led · Seed · Mar 2022

ExactSpace Technologies, founded in 2018, builds the Pulse Industrial AI platform to drive decarbonization and improve asset uptime for the energy, cement, and steel industries. Pulse provides early/predictive warnings, expert diagnostics, and prognostics to help plant teams make more accurate maintenance and operational decisions and eliminate unplanned failures. The company emphasizes deep-domain AI solutions aimed at accelerating the energy transition and minimizing industrial carbon emissions. ExactSpace plans to use the new funding to strengthen its suite of industrial solutions and expand operations to North America. In March 2022 the company raised $1.4 million in a seed round led by Thermax Limited. The article did not disclose revenue or other operating metrics.