FRANCE – Cosmo Tech, a Lyon, France-based global provider of digital twin simulation and optimization technology, received an investment from Accenture Ventures.
The deal was part of the first phase of the company´s Series C fundraising and Accenture Venture’s Project Spotlight, an engagement and investment program that targets emerging technology software companies that can help fill strategic innovation gaps for the Global 2000. In addition to capital investments, Accenture Venture’s Project Spotlight offers access to Accenture’s technology domain expertise and its enterprise clients. Founded in 2010 and led by Hugues de Bantel, co-founder and CEO, and Michel Morvan, co-founder and Executive Chairman, Cosmo Tech provides a 360˚ Simulation Digital Twin platform that allows organizations to explore and test business changes in order to see the potential immediate and long-term impact. The cloud-native system uses data from current systems to test an unlimited number of scenarios and automatically find the optimal action plan. This enables organizations to find new ways to achieve goals including cost reduction, improved resiliency and efficiency, and lessening environmental impact. 23/01/2023
