Wa'ed Ventures Invests in Tenderd, a Leader in Decarbonizing Industrial Operations with AI-powered Emissions Management Technology
SAN FRANCISCO, July 18, 2023 /PRNewswire-PRWeb/ -- Wa'ed Ventures, the Kingdom-based venture capital arm of Aramco, announced a strategic investment in Tenderd, a startup specializing in AI-enabled technologies for real-time emissions intelligence. The platform provides customers with AI-generated insights to increase asset utilization and reduce emissions, targeting heavy industries such as construction and logistics.
- Specializing in decarbonizing construction and logistics operations, Tenderd's innovative platform offers AI-driven insights that optimize asset use and reduce emissions.
- This critical partnership targets sectors that constitute 40% of global GDP, heralding a seismic shift towards environmentally responsible practices.
- The platform provides customers with AI-generated insights to increase asset utilization and reduce emissions, targeting heavy industries such as construction and logistics.
- "With Wa'ed Ventures investment, we will be able to evolve industrial operations and lead the charge towards a greener, more sustainable future" said Tenderd's CEO, Arjun Mohan.