BlackRock, Temasek Decarbonization Fund Leads $31M Series B for Guidewheel

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  • 20 Aug 2024
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BlackRock, Temasek Decarbonization Fund Leads $31M Series B for Guidewheel To Scale AI-Powered FactoryOps Globally

Guidewheel, an AI-powered factory operations solutions provider, has raised $31 million in a Series B funding round led by Decarbonization Partners, a collaboration between BlackRock and Temasek. This investment will support product development, AI innovation, and customer success. Guidewheel’s technology aims to enhance factory efficiency and sustainability by connecting machines of all types and ages, reducing energy consumption and emissions. The platform’s user-friendly approach has gained traction among major manufacturers like General Motors and Johnson & Johnson.

Source: ESG Today