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Fero Labs
Factory optimization software
- 21-100 employees
- B2B
- Artificial Intelligence
- Analytics
- Machine Learning
- Automation
- Morningside Heights, New York, NY
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Company mission
To optimize factories with machine learning.
Our take
New York-based Fero Labs is developing AI-based software solutions that are set to enhance industrial process efficiency and promote sustainability. With a specific focus on hard-to-decarbonize manufacturing sectors like steel, cement, and chemicals, Fero Labs addresses the unique challenges faced by these industries.
Through the power of AI, Fero Labs' software analyzes complex data sets, providing valuable insights and actionable recommendations for optimizing operations and reducing carbon consumption. This approach allows companies to make more substantial progress towards adopting greener practices.
Fero Labs' commitment to environmental responsibility has earned its recognition as a leader in driving sustainable industrial progress. This dedication has attracted support from numerous investors, enabling the company to secure funding for advancing its technology. With this investment, Fero Labs is poised to make a tangible difference in tackling climate change and fostering a more sustainable global economy.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- 35-day vacation policy
- Choice of hardware
- Remote/hybrid work model with remote online events (workouts, team events, games, etc.)
- Company-sponsored gym membership from Urban Sports Club and company a company-sponsored Jobrad bike membership
- Yearly stipend to invest in continuing education (online courses, coding classes, conference tickets, etc.)
Funding (last 2 of 4 rounds)
Jun 2023
$15m
EARLY VC
Jul 2021
$9m
SERIES A
Total funding: $27.2m
This company has top investors
Leadership
Berk Birand
(Co-Founder & CEO)Graduated from Columbia University with a Ph.D. in Electrical Engineering. They have developed scheduling algorithms for LTE-A and fiber-optic networks and hold a patent in IoT systems for resilient fiber-optic networks.
Pamir Ozbay
(Co-Founder)Graduated from the London Business School with an MBA in Business Administration. Previously worked as a Strategy Consultant and Sales Engineer for Toshiba, Mitsubishi, General Electric, and Siemens.