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$2,500,000.00 for VEERUM

Made by InterGen Capital

Veerum secured $2.5 million USD in funding

Developer of an industrial Internet of Things (IIoT) platform designed to increase capital project productivity. The company's platform uses digital twin technology and artificial intelligence to create a virtual replica of a physical project or environment that can be used to simulate, operate, and analyze, while also building a single source of project truth, secured $2.5 million USD in funding from Evok Innovations, Suncor, Cenovus, InterGen Capital, plus previous investors including Brick and Mortar Ventures, Blackhorn Ventures, Builders VC and Creative Ventures.

Investment date: 2019-12-31
Amount: $2,500,000.00