Our explainable machine learning software is powering the next wave of industrial process optimization.
Since launching in 2015, we've built actionable machine learning for the industrial sector to optimize production, reduce waste, and improve quality.
Headquartered in New York, we align with leading global manufacturers to increase profitability by up to 10% through reducing raw material consumption, improving quality, and hitting critical sustainability goals.
Since launching in 2015, we've built actionable machine learning for the industrial sector to optimize production, reduce waste, and improve quality.
Headquartered in New York, we align with leading global manufacturers to increase profitability by up to 10% through reducing raw material consumption, improving quality, and hitting critical sustainability goals.
Location: United States, New York, Town of Esopus
Employees: 11-50
Total raised: $24M
Founded date: 2016
Investors 10
Funding Rounds 2
| Date | Series | Amount | Investors |
| 21.06.2023 | - | $15M | - |
| 21.07.2021 | Series A | $9M | - |
Mentions in press and media 20
| Date | Title | Description |
| 21.06.2023 | Fero Labs Secures $15 Million | NEW YORK, NY, Fero Labs, an AI-driven manufacturing process optimization software company, announced the close of a $15 million growth round led by Climate Investment. >> Click here for more funding data on Fero Labs >> To e... |
| 21.06.2023 | Fero Labs, which uses AI to reduce carbon emissions in manufacturing, raises $15M Your vote of support is important to us and it helps us keep the content FREE. One-click below supports our mission ... | Artificial intelligence-powered manufacturing process optimization startup Fero Labs Inc. today closed on a $15 million growth funding round. Climate Investment led the round, with participation from Blackhorn Ventures, Innovation Endeavors... |
| 21.06.2023 | This Startup Is Using AI To Reduce Emissions In Hard-To-Mitigate Industries | Fero Labs is focused on making industries such as steel, cement and chemicals more efficient to ... [+] reduce their emissions.getty |
| 21.06.2023 | Fero Labs Raises $15M in Funding | Fero Labs, a New York-based AI-driven manufacturing process optimization software company, raised $15M in funding. The round, which brought the total amount to $30M, was led by Climate Investment (‘CI’, formerly OGCI Climate Investments), w... |
| 15.03.2023 | How synthetic data is boosting AI at scale | This article is part of a VB special issue. Read the full series here: The quest for Nirvana: Applying AI at scale. Artificial intelligence (AI) relies heavily on large, diverse and meticulously-labeled datasets to train machine learning (M... |
| 04.03.2023 | Avoiding the dangers of generative AI | Generative AI is generating a lot of interest from both the public and investors. But they are overlooking a fundamental risk. When ChatGPT launched in November, allowing users to submit questions to a chatbot and get AI-produced responses,... |
| 29.01.2022 | Drive smarter decision-making with explainable machine learning | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! This article was contributed by Berk Birand, CEO ... |
| 29.01.2022 | Drive smarter decision-making with explainable machine learning | Did you miss a session from the Future of Work Summit? Head over to our Future of Work Summit on-demand library to stream. This article was contributed by Berk Birand, CEO of Fero Labs. Is the hype around AI finally cooling? That’s what som... |
| 25.07.2021 | Fero Labs Raises $9M in Series A Funding | Fero Labs, a New York-based provide rof Explainable Machine Learning software dedicated to the industrial sector, raised $9M in Series A funding. The round was led by Innovation Endeavors with participation from Deutsche Invest VC. The comp... |
| 22.07.2021 | Fero Labs Raises $9 Million In Series A Financing To Bring Explainable Machine Learning To Industrial Manufacturing | With The New Funding Led By Innovation Endeavors, Fero Labs Expands Its Sustainable Solutions To Help Factories Reduce Emissions, Optimize Quality And Increase Profits Fero Labs, the only Explainable Machine Learning software solely dedicat... |
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