Validere secures investment to provide IoT and AI to oil and gas industry – Compelo Energy
The new round of funding will fuel Validere’s US expansion and further the development of Validere’s new AI-powered blending, logistics, and trading optimization platform.
To address this problem, Validere is using Internet of Things (IoT) to radically improve confidence in product quality and AI predictive insights to guide optimal blending, logistics, and trading decisions. This optimization helps oil and gas companies get up to $9 more out of a barrel.