About
Imubit specializes in AI process optimization for refineries and chemical plants with its Closed Loop Neural Network Platform. This platform is adept at maximizing profit while efficiently managing energy, safety, and sustainability in these industries. It leverages a variety of plant data sources, utilizing deep learning AI models trained on historical data to identify and exploit dynamic process relationships.
Imubit offers AI optimization solutions tailored for a variety of industries in the petrochemical sector, including Refineries, Gas Processing & NGLs (Natural Gas Liquids), LNG (Liquefied Natural Gas), Olefins, Polymers, Renewable Fuels, and Ammonia Complexes.
Funding history · 5 rounds · $50.0M total
Company Intelligence Q&A
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- What is Imubit's primary focus?
- Imubit specializes in AI process optimization for refineries and chemical plants, utilizing its Closed Loop Neural Network Platform to maximize profit while managing energy, safety, and sustainability.
- When was Imubit founded?
- Imubit was founded in February 2016.
- Where is Imubit's headquarters located?
- Imubit's headquarters is in Modi'in-Maccabim-Re'ut, Israel, with an additional office in Houston, USA.
- What is the total funding Imubit has raised?
- According to startupim data, Imubit has raised a total of $50,000,000 USD across multiple funding rounds.
- When did Imubit announce its Series B funding round?
- In August 2021, Imubit announced its Series B funding round, led by Oren Zeev.
- Which investors participated in Imubit's Series A round?
- Imubit's Series A round in March 2019 was led by Spider Capital.
- How many employees does Imubit currently have?
- Imubit has 186 employees.
- What was the most recent funding activity for Imubit?
- In March 2023, Imubit had an Undisclosed funding round with participation from Lumir Ventures.
- What is one of Imubit's core products?
- One of Imubit's core products is the Closed Loop Neural Network Platform.
- What industries does Imubit's AI optimization platform target?
- Imubit's AI optimization solutions target various industries in the petrochemical sector, including Refineries, Gas Processing & NGLs, LNG, Olefins, Polymers, Renewable Fuels, and Ammonia Complexes.