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HIVE Secures $15M to Cut Industrial Machine Costs by 80%

HIVE Secures $15M to Cut Industrial Machine Costs by 80%
Freek Wolsink · pexels

London-based HIVE has raised, 13.1 million, approximately $15 million, in a pre-Series A funding round to scale its industrial AI platform. The company claims its technology can reduce the hourly operating costs of industrial machinery by 80 percent. This…