NEW ORLEANS ‒ Fluence Analytics, a startup that provides combined hardware and software analytics solutions to polymer manufacturers, has raised a Series A-1 funding round. The financing includes participation from existing investor Energy Innovation Capital (EIC) and new investor Diamond Edge Ventures Inc., the U.S. venture capital arm of Mitsubishi Chemical Holdings Corp. established in 2018.
Fluence Analytics will use the new funds to support its paid proof of performance trials, expand sales activities, and invest in new hardware and software capabilities.