Acerta Analytics Solutions Raises $8M in Funding

Acerta Analytics Solutions, a Kitchener, Canada-based supplier of analytics options that leverage machine studying and synthetic intelligence (ML/AI) to show product information into actionable insights, raised $8M in funding.

The spherical was led by BDC Capital’s Industrial Innovation and Thrive Venture Funds with participation from OMERS Ventures and StandUp Ventures.

The firm intends to make use of the funds to develop its buyer base in North America and Europe, whereas strengthening ties with main OEMs and automotive suppliers.

Led by CEO Greta Cutulenco, Acerta assists precision producers to take their digital transformation past manually crunching sensor information. To this finish, its ML/AI-powered software program providers allow corporations to make the correct choices quick, optimize manufacturing, and enhance product high quality. The firm helps automakers like Nissan and suppliers of advanced car components equivalent to Dana enhance high quality in their manufacturing processes and help early defect detection, making them extra environment friendly, serving to them scale back scrap and rework and keep away from transport faulty components that result in remembers and model harm.

Acerta presently operates in Canada, the United States, Europe and Japan.



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