Menu
ncarol.com
  • Home
  • Business
  • Health
  • Real Estate
  • Arts
  • Entertainment
  • Non-profit
  • Technology
  • Books
ncarol.com

ndustrial Raises $6 Million in Series A Funding to Accelerate Efficiency and Innovation Across Industrial Businesses
ncarol.com/10114848

Trending...
  • A Family Affair: Abernethy Laurels Hosts a Wedding with Heart
  • New AI Academy Helps Therapists Embrace Tech Without Losing Their Humanity
  • Streamlining Seasonal Shutdowns: SPX FLOW Ensures Operational Continuity
RALEIGH, N.C.--(BUSINESS WIRE)--ndustrial, a provider of software and services that seamlessly optimize industrial facilities across all stages of discrete and process manufacturing supply chains, announced today the closing of a $6 million Series A funding co-led by ENGIE New Ventures and Clean Energy Ventures, with participation from Orion Energy Systems, Lineage Logistics, and Clean Energy Venture Group.

In today's world, where industrial businesses need a path to extract more value from their digitization efforts and where they have already implemented the "easy" efficiency wins, ndustrial enable customers to better access, aggregate, analyze, optimize, and act on data. Leveraging the company's technology platform – and applying its integration and advanced analytics know-how to captured data – ndustrial enables companies to gain deeper insights into their business, identify and automate improvements, and drive innovation that positively impacts the customer's bottom line.

"This funding will enable us to move our technology into broader market areas and use cases within the industrial segment," said Jason Massey, Founder and CEO, ndustrial. "Expanding our footprint will allow more industrial businesses to derive insights from real-time, streaming data, and to apply algorithms to automate efficiencies in energy usage or production applications. This gives our customers a competitive advantage as well as the ability to drive innovation across their sites."

More on ncarol.com
  • Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
  • $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
  • $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
  • Scott Burton Releases Chaos: The Weight of a Memory, a Poetic Journey Through What Still Lingers
  • The Business Hyve Opens Waitlist for Groundbreaking Community Built for Small Business Success

Lineage Logistics, the world's largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, has taken advantage of ndustrial's technology across more than 200 of its 350+ facilities in real-time, and avoided significant energy spend over the last five years. Similarly, a leading biotech company has leveraged ndustrial's platform and services to enable predictive analysis and modelling and make adjustments that deliver significantly increased yields delivering up to 30 percent more revenue annually.

ENGIE New Ventures' Investment Director, Vincent Pichon, commented, "Clean energy isn't just about producing clean electricity; it's also about reducing the amount of electricity used per unit of production." Sheeraz Haji, Senior Advisor, ENGIE New Ventures added, "Industrial facilities are incredibly complex behind the utility meter. Each site has a unique combination of systems and software, often built up over many years. That reality makes aggregating data and modelling across multi-site businesses hugely challenging, but also extremely important in order to reduce energy."

"We've conducted due diligence on over 100 commercial and industrial efficiency technologies in the last four years, and ndustrial is one of the few we've chosen to invest in," said Daniel Goldman, Managing Director and Co-founder, Clean Energy Ventures. "Their tangible application of machine learning for energy efficiency and process improvement stands apart. We believe their technology has the potential to materially impact carbon emissions in older industrial facilities across a wide range of sectors, and we're looking forward to helping them scale their innovative technology."

More on ncarol.com
  • Hire Virtue Announces Executive Sponsorship Opportunity for Houston Hiring Blitz & Job Fair on August 6, 2025
  • Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
  • Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
  • Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
  • AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)

"When we decided to invest in ndustrial and join the Board in 2015, they had already helped our site in North Carolina save hundreds of thousands of dollars, and Lineage Logistics had just 30 cold storage warehouses. Today, we are more than 350 sites globally. We've been proud to scale our applied sciences and energy efficiency initiatives with the ndustrial team," said Adam Forste, Co-Founder and Co-Chairman of Lineage Logistics and Co-Founder and Managing Partner of Bay Grove, its manager.

Vincent Pichon, ENGIE New Ventures, and Daniel Goldman, Clean Energy Ventures, will join ndustrial's Board of Directors as part of the investment.

About ndustrial:

ndustrial delivers software and services that enable industrial companies to gain deeper insights into their business, actively optimize systems and drive efficiency at scale. ndustrial was founded in 2011 and is headquartered in Raleigh, North Carolina. For more information, visit www.ndustrial.io.

About Engie New Ventures:

ENGIE New Ventures (ENV) is the corporate venture capital arm of ENGIE, the global energy and services provider. ENGIE is committed to lead the energy revolution, towards a more decarbonized, decentralized and digitized world. ENV is a €180 million investment fund focused on making minority investments in innovative start-ups. Since 2014, ENV has deployed over €164 million of capital across 27 investments, in disruptive start-ups leading the energy transition and active in renewable energies, hydrogen, energy efficiency and flexibility, heating and cooling networks. ENV's offices are represented in Paris, San Francisco, Singapore, Santiago and Tel Aviv. Please visit: www.engieventures.com.

About Clean Energy Ventures:

Clean Energy Ventures is a venture capital firm investing in early-stage climate tech startups who can reduce greenhouse gas emissions by 2.5 gigatons of CO2e each between now and 2050, while providing venture-grade returns to our investors. Learn more at cleanenergyventures.com.
Filed Under: Business

Show All News | Report Violation

0 Comments
1000 characters max.

Latest on ncarol.com
  • Byrd Davis Alden & Henrichson Launches Independence Day Safe Ride Initiative with 500 Free Uber Credits
  • Gastonia Pediatric Associates Welcomes Charlene Guffey, FNP-C, to Expanding Medical Team
  • databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
  • IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
  • Anthony B. Bonapart Featured on the Cover of Entrepreneurs in the Spotlight Magazine
  • Dr. Nima Missaghian to join Carolina Surgical Arts in Greensboro, NC
  • Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
  • Endoacustica Europe Unveils iPhone 13 Pro Max Spy Phone—Pure Hardware, Zero Software Changes
  • Suzanne Harp named Managing Director in Texas, USA
  • $10 Million Acquisition of GXR World Sports Assets Energizes Global Launch of Sports.com Super App by Online Lottery-Sports Game Provider: Lottery.com
  • Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made
  • Investor Spotlight: Cycurion, Inc. (N A S D A Q: CYCU) Secures $69M in Contracts Amid Surging Demand for AI-Powered Cybersecurity Solutions
  • $328 Million Global Stroke Rehab Market Opportunity Awaits AI Telehealth Leader Following Selection for NIH Funded Phase 3 Clinical Study: VSee Health
  • Ascent Solar Technologies Enters Collaborative Agreement Notice with NASA to Advance Development of Thin-Film PV Power Beaming Capabilities: ASTI
  • VoodooSoft Unveils SiriusLLM: The World's First ChatGPT-Like AI Malware Detection Engine
  • This Ain't Press. This Is Pressure — Star Command by RansomXX is Out Now
  • An Exclusive VIP Reception Honoring Vocal Prodigy Alliana Lili Yang's Remarkable Achievements and Magazine Cover Spotlight
  • A Family Affair: Abernethy Laurels Hosts a Wedding with Heart
  • Joyce Carol Oates Returns to Hard Case Crime With DOUBLE TROUBLE
  • New AI Academy Helps Therapists Embrace Tech Without Losing Their Humanity
_catLbl0 _catLbl1

Popular on ncarol.com

  • RNHA Named Official Community Partner of the First Annual CPAC Latino 2025 - 115
  • Real Estate CEO Launches Explosive New Book After $275,784 Wire Fraud Incident
  • Experience Trembling Firsthand with the New AgeMan® Tremor Simulator
  • $750 Million Market Projected to Reach $3.3 Billion Globally in 2034 for New Drug Application Filed on Preservative-Free IV Ketamine: NRx Pharma, Inc
  • Scott Burton Announces Chaos: Volume 1 – A Journal of Being Human
  • Pregis Empowers Foam-in-Place Customers to Fight Water Insecurity with Inspyre Film
  • June 2-8 is Medicare Fraud Prevention Week
  • Shelter Structures America Appoints Shannon Heller as New Inventory Manager, Bolstering Operational Excellence in the Commercial Tent Industry
  • Fusion Marketing Group Celebrates 15 Years of Transforming Healthcare Recruitment Marketing
  • Western Carolina Emergency Network Accepts 2025 ReadyCommunities Partnership/CCROA National Service Award for Collaboration to Augment Local Response

Similar on ncarol.com

  • Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
  • $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
  • $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
  • The Business Hyve Opens Waitlist for Groundbreaking Community Built for Small Business Success
  • Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
  • AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)
  • The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
  • $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
  • Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
  • Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
Copyright © 2025 ncarol.com | Contact Us | Privacy Policy | Terms of Service | Contribute