AI-based industrial software Canvass AI secures $7.5M in funding

A design element containing AI letters is depicted on a notebook.
Summary

Our partnership with Canvass AI was a match. Both our teams aimed, and still do, to help clients make complex processes simpler, faster, and more efficient. That’s how we connected — different worlds, common goals.

Let’s get to
know Canvass AI

It’s an industrial AI software that empowers oil and gas, chemical, and manufacturing companies to utilize data to enhance their operations, be two steps ahead of competitors, and embrace sustainability.

Overall, the platform does a lot. It processes and transforms large sets of complex data into insights ready to be used. Canvass AI automatically builds and selects the top-performing models that accelerate the evaluation and iteration process, allowing users to make key decisions faster.

Data visualization for Canvass software by Lazarev. product design agency

Canvass AI paves the way to funding

Canvass AI keeps providing industrial businesses with solutions to their production problems. The company also is winning in the funding field. It raised $3.3M in a Series A round and a $4.2M (CA$ 5.7M) grant from the Government of Canada.

These are great results we applaud for.

In case you're looking for a design team to take on your project and lead
it to final robust results, let’s make it happen. Contact us at [email protected].

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