RL Core Technologies, an Edmonton, AB-based company developing optimization software for improved process control in water and wastewater, raised $5M in Seed funding.
The round was led by TQ Ventures, with participation from Flying Fish Ventures.
The company intends to use the funds to drive its global expansion of its energy efficient solutions.
Founded by Martha White, Adam White and Alden Christianson, RL Core provides optimization software for improved process control in water and wastewater. By leveraging reinforcement learning, it is able to optimize industrial control systems beyond what any expert could achieve alone. Its software integrates with existing infrastructure to continually adapt low-level setpoints. The solution enables customers to reduce chemical consumption, enhance ultrafiltration system permeability, improve chlorine dosing precision, and continually optimize PID controller performance.
FinSMEs
11/12/2024