Lyon-based decision making solution startup Cosmo Tech has raised a €3 million round. The investment comes from BNP Paribas and existing investors Sofimac Partners, Aster Capital and Credit Agricole. This brings the total raised by the startup to €6.7 million.
Cosmo Tech offers its customers decision management solutions - it has developed a simulation tool that facilitates executive decision making, regardless of the sector. The technology is supposed to help anticipate the consequences of decisions, leading to better outcomes.
With the new funding, the startup now plans to accelerate its development across industries, "from epidemic planning to electrical networks and optimization of smart cities," and expand globally.
Read more: Maddyness (French)