Startup Spun Out of Tulane Raises Series A Funding

Fluence Analytics is a New Orleans-based manufacturer of industrial and laboratory systems that produce continuous data streams. The startup, formerly Advanced Polymer Monitoring Technologies (APMT) spun out of Tulane University, recently raised a Series A funding round led by Energy Innovation Capital (EIC).

EIC invests in entrepreneurs to drive Silicon Valley innovation in the global oil, gas and energy industries. The firm’s George Coyle, a Managing Partner George Coyle has joined the Fluence Analytics’ board.

“We built Fluence Analytics by partnering with industry leaders to solve the biggest challenges in polymer manufacturing. This financing will accelerate the application of analytics to realtime data sets enabling manufacturing optimization for our customers,” says Alex Reed, CEO of Fluence Analytics. “We will use the funds to grow our team and expand the range of polymer applications we support,” added Mr. Reed.

The Fluence Analytics products optimize efficiency, cost and quality of manufacturing and R&D processes in polymer and biopharmaceutical industries.

“We are pleased to partner with Fluence Analytics,” said Coyle. “Fluence Analytics has demonstrated that its products deliver significant value to its customers, and we are eager to support the company’s growth.”