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Imubit
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Imubit

http://imubit.com/
Last activity: 19.02.2025
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Categories: Artificial IntelligenceChemicalEngineeringIndustryInternet of ThingsLearnPlanningPlatformSecurityTechnology
At Imubit, we’re driven by a mission to tackle and solve the toughest challenges at chemical plants and refineries.

Our solution - the Imubit Closed Loop Neural Network™ - is an AI process optimization technology that enables plant managers to discover, engineer and monetize process optimization opportunities considered impossible until now.

As the first-ever technology of its kind in the industry, our neural network solution interconnects planning and economics, process engineering, process control and operations, in using historical data to learn subtle nonlinear dynamics, and optimize economically critical plant parameters in real time. This end-to-end solution is currently running in the world’s largest refining and petrochemical plants, unlocking millions of dollars a year in annual margin for operators.

Imubit is led by globally-renowned, Google-endorsed machine learning scientists and world-class hydrocarbon processing experts with over 220 years of industry experience.
Followers
24
Followers
13.87K
Mentions
34
Location: United States, Texas, Houston
Employees: 51-200
Total raised: $50M
Founded date: 2016

Investors 8

Funding Rounds 1

DateSeriesAmountInvestors
17.08.2021-$50M-

Mentions in press and media 34

DateTitleDescription
19.02.2025Preem Partners with Imubit to Drive Sustainability and Lower Emissions Through Advanced Closed Loop AI OptimizationImubit, a global leader in closed loop artificial intelligence optimization (AIO), and Preem, Sweden’s largest fuel company, have entered into a partnership aimed at accelerating Preem’s sustainability journey through Imubit’s Closed Loop A...
09.11.2021Houston Exponential hires new exec to promote inclusive innovationHouston's considered one of the most diverse cities in the country, and Houston Exponential is focused on building an innovation ecosystem that's reflective of that. The nonprofit organization announced a new hire that will lead this initia...
01.11.20213 Houston innovators to know this weekEditor's note: In this week's roundup of Houston innovators to know, I'm introducing you to three local innovators across industries — from health tech to clean energy — recently making headlines in Houston innovation. Carolyn Rodz, CEO and...
29.10.20215 most popular innovation stories in Houston this weekEditor's note: Another week has come and gone, and it's time to round up the top headlines from the past few days. Trending Houston tech and startup news on InnovationMap included innovators to know, a new partnership between The Ion and Ca...
27.10.2021Houston university's MBA program claims coveted top spot of annual rankingRice University's Jones Graduate School of Business has raked in yet another top spot on an annual list of top MBA programs. A new ranking from Poets & Quants, which covers news about business schools, puts Rice at No. 3 among the world...
26.10.2021Greentown Labs hires former Houston sustainability execThe country's largest climatetech startup incubator has made a strategic new hire. Lara Cottingham is the new chief of staff for Greentown Labs, a Boston-area company that opened in Houston earlier this year. Cottingham previously served as...
26.10.2021Renewables are Houston's next chapter, says this expertHouston has long been known as an innovative city — from medicine to technology to creative cuisines (see Viet-Cajun). I am always proud to see how cultures, education, and change come together to build the fabric of our city. As we look fo...
29.09.2021Deloitte launches first-of-its-kind clean energy lab in HoustonHouston will become home to professional services giant Deloitte's largest and most technologically advanced immersive, interactive innovation hub dubbed the Deloitte Greenhouse, Powered by Energy & Industrials. Co-located with the comp...
28.09.2021Research: 5 mistakes Houston entrepreneurs should be makingWe all have heard "you learn from your mistakes," so, why do a lot of startup blogs warn entrepreneurs of the mistakes they shouldn't make when starting a business, but not very many tell them what mistakes they should be making? ...
28.09.2021High-tech virtual reality experience blasts into the Space CityFrom the earliest days of our circling the planet in a tiny NASA capsule — to Elon Musk's SpaceX current commercial journeys — Houston and space travel will be forever and inexorably linked. Fitting, then, that an unprecedented new immersiv...
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