Victor Perez

Alchemy IoT, a provider of AI-powered applications for industrial IoT, introduced “IoT Asset Intelligence,” a new industry approach that addresses the complexity and market fragmentation associated with Big Data, IoT and artificial intelligence.

Alchemy IoT, a provider of IoT Asset Intelligence for industrial applications, launched with $4 million (€3.40 million) seed funding from Aweida Venture Partners and several angel investors. The startup’s cloud-based application, Clarity, helps customers achieve a greater return on their industrial assets and competitive advantage.