Algebra Intelligence raises $310,000 pre-Seed funding

SourceWamda
SectorFinancial Markets
CountryJordan

  Jordan-based energy monitoring solutions startup Algebra Intelligence, has raised a $310,000 pre-Seed funding round from Oasis500.
  The startup was founded in 2020 by Ahmad Altawafsheh and Ala’a Alghwiri. Its first product, TaQtak, offers an energy-smart solution for plants and includes features like real-time plant monitoring, proactive notifications, predictive maintenance, as well as ticketing and reporting solutions.
   Algebra plans to use the funds to develop a data-based platform that utilises artificial intelligence (AI) and machine learning (ML) technologies, with plans to expand its regional footprint. 

Press release

Algebra Intelligence, a Jordanian AI-driven energy monitoring solutions startup has announced the closing of a $310K Pre-Seed funding round, led by Oasis500.

Founded in 2020 by serial entrepreneur Mr. Ahmad Altawafsheh and his partner Dr.

Ala’a Alghwiri, Algebra Intelligence is introducing a unique solution to the energy sector through their first product, TaQTaK.

TaQTaK is an all-encompassing, energy smart solution providing several new features, such as real-time plant monitoring, pro-active notifications, predictive maintenance, as well as ticketing...read more...