Funding for BioIntelligence Technologies, a Canadian startup situated in Sherbrooke, QC, has been raised. The firm has created an AI-powered solution to avoid product losses, cut energy and water use, and lower CO2 emissions in industrial bioprocesses that use fermentation.
Investors which were headed by Amplify Capital
- Innospark Ventures
- Investissement Québec
- Real Ventures
- Anges Québec
- AQC Capital
The business plans to utilize the money to expand more quickly in Europe and America.
Under the direction of CEO and founder Joel Sirois, BioIntelligence designs, develops, and sells cutting-edge and intelligent hardware and software that helps biotech businesses track, comprehend, forecast, and improve bioprocess performance, which lowers product losses, boosts consistency, and boosts earnings for industrial customers.
The BioIntelligence Analytics SolutionTM (BASTM) was created to evaluate the growth of microorganisms, how they use nutrients, and how they synthesize products directly in fermenters and bioreactors. It also provides plant operators with real-time, advanced, customizable analytics.
Industrial clients in North America and Europe are already using the BASTM on a commercial basis.
Regarding BioIntelligence Technologies
Funding for BioIntelligence Technologies, a Canadian startup situated in Sherbrooke, QC, has been raised. The firm has created an AI-powered solution to minimize product losses, cut energy and water use, and lower CO2 emissions in industrial bioprocesses that use fermentation.
