Somerville-based H2Ok Innovations has secured $12.42 million in a Series A funding round led by Greycroft. The company’s solution encompasses AI-powered sensors to help optimize manufacturing processes for consumer packaged goods companies like Unilever, AB InBev and The Coca-Cola Company.
H2Ok leverages patented spectral sensors to continuously monitor fluid signatures, allowing for real-time monitoring and closed-loop control system integration. The company’s AI solution analyzes the data from these sensors to optimize clean-in-place processes and product changeovers, as well as prevent costly errors before they cause downtime.
The funding will support the scaling of H2Ok’s AI-powered technology as the company works to increase the use of AI in the manufacturing space by productizing an instantly deployable solution for factories.