Brazilian AI startup Fu2re raises $2.2m to drive commercial expansion, entry into new markets

Fu2re, a Brazilian startup specializing in Artificial Intelligence solutions for data and image processing, has raised $2.2 million in a new funding round.

The investment was led by Copel Ventures, managed by Vox Capital, with $1.3 million, and Indicator Capital, an early-stage venture capital firm focused on deep tech, contributing up to $908k million.

Fu2re combines state-of-the-art AI architecture with advanced Computer Vision to monitor physical assets with high accuracy and scalability. Its technology is widely applied in the energy sector, enabling the digitization of asset monitoring routines, automated meter readings, inventory optimization, and fraud detection - resulting in reduced operational losses and increased efficiency.

André Sih, Founder and Managing Partner, Fu2re: "Our solutions are already deployed at scale within the core operations of major companies, delivering measurable productivity gains and cost reductions. A key differentiator is the startup's no-code platform, which allows users to develop and adapt AI applications without programming, speeding up implementation across clients and industries. The platform also includes pre-trained models and integration with enterprise systems, enabling fast onboarding.''

Fu2re was the first Latin American startup accelerated by NVIDIA's Inception Program, and it represented Brazil at GTC 2021. It has also been recognized in the 100 Startups to Watch list and ranked among the top AI startups by 100 Open Startups.

The investment supports Copel's strategy to enhance operational efficiency and expand revenue, as outlined during Copel Day 2024.

Daniel Slaviero, CEO, Copel: "This project helps improve our network inventory with productivity gains of around 30% and better allocation of maintenance teams. It also enables preventive monitoring of infrastructure, increasing safety and system reliability."

The funding will help scale technologies such as SmartVision AI, expand into agribusiness and industry, and explore global opportunities. The initiative also advances UN SDGs 9.4 and 12.1, reinforcing a commitment to sustainability and innovation.

www.fu2re.com.br

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