Ogre AI Raises €2 Million in Seed Round  

by Kay Aloha Villamor in March 11th, 2022

Ogre AI, the Romanian data science startup specializing in machine learning and artificial intelligence (AI) solutions for the energy sector, announced a €2 million seed funding.

The round was led by EGV, with the participation of London-based VC fund MMC Ventures and international business angels.

Company: SC Ogre Artificial Intelligence SRL

Raised: €2.0M

Round: Seed Round

Funding Month: February 2022

Lead Investors: EGV

Additional Investors: MMC Ventures and international business angels 

Company Website: https://www.ogre.ai/

Software Category: Automated B2B platform

About the Company: Ogre AI is an AI platform for energy management that uses machine learning to offer financial and operational decision-making support to energy & utility companies. Ogre AI works with its partners on forecasting generation, consumption, network/grid technical, and commercial losses and anomalies. The team is also on its way to building an innovative price forecast system that will aid with decision-making in grid management and trading. At Ogre, they believe that data science and artificial intelligence are shaping the future of the energy industry.

 

Source: https://www.romania-insider.com/ogre-ai-seed-round-february-2022

 

 


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