Guidewheel scores $31M in Series B funding for AI-powered sustainable manufacturing tracker

Description:

On August 13, 2024, manufacturing software startup Guidewheel announced $31M in Series B funding, led by BlackRock and Temasek's Decarbonization Partners fund. Guidewheel provides manufacturers with AI-powered platforms for tracking real-time operational performance and preventing downtime and machine failure. Its largest customers include Coca-Cola FEMSA, Igloo, Kimberly-Clark, Berry Global, and Myers Industries. The company's main platform is Scout, which enables plant managers to save time and money by enhancing their manufacturing systems.

Leadership:

  • Lauren Dunford - CEO and Founder

  • Weston McBridge - CTO and Co-Founder

  • Rama Tummala - Head of Engineering

  • Tania Siska - Head of Product Experience

  • Kevin Meyer - Director of AI

  • Charlotte Ward - Head of Sales

  • Katie Doyle - Head of Product Marketing

  • Kevin Earabino - Head of Customer Experience

  • Stephanie Ouadah - Head of Revenue Operations 

  • Lucas Goldman - Chief of Staff

Investors:

  • BlackRock and Temasek’s Decarbonization Partners fund - a dedicated late stage venture capital and growth equity platform that invests in proven decarbonization technologies.

  • Rethink Impact - a venture capital firm investing in female and non-binary leaders using technology to solve the world’s biggest problems.

  • GSBackers - an angel network focused on early stage companies.

  • Greycroft - a venture capital firm managing over $2 billion in capital with investments in software, sustainability, and consumer brands.

  • Breakthrough Energy Ventures (BEV) - an investment firm dedicated to helping humanity avoid a climate disaster. Committed to scaling technologies for net-zero emissions by 2050.

Sources:

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