Spanish-based process optimisation specialist Optimitive has announced the launch of OPTIBAT® 7, its real-time optimisation software. The industrial platform is designed to enable cement operations to achieve a new level of autonomous performance using AI.
The company says that OPTIBAT 7 provides a powerful solution designed to improve efficiency, maximise production and strengthen sustainability. By using closed-loop AI, OPTIBAT 7 allows cement plants to operate at peak performance by continuously optimising processes with human intervention while also reducing energy consumption and CO2 emissions.
Additionally, Optimitive has announced a EUR1m (US$1.18m) investment from Suma Capital, an independent company specialising in sustainable investment and purpose-driven capital. This closes a EUR5m Series A round in which Cemex Ventures and Titan Group also participated as strategic co-investors.
“The closing of this investment round allows us to accelerate the global deployment of our technology and consolidate our value proposition in industries like cement where every efficiency point counts”, said Fernando de la Prida, CEO of OPTIMITIVE.
