Optimization
Imubit (Houston; www.Imubit.com) has raised $50 million to bring its Closed-Loop Neural Networks to every process manufacturing plant around the globe. The company’s Closed Loop Neural Network platform is an artificial intelligence (AI) process optimization solution that enables hydrocarbon processing plant operators to discover, engineer and monetize process optimization opportunities considered impossible until now. Powered by its patent-pending Deep Learning Process Control technology, Imubit’s solution allows the plant to continuously execute its most profitable operational strategies.