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Lucend raises €2.7 million

Lucend receives an investment of €2.7 million from Remarkable Ventures Climate, Mitsubishi Electric’s Innovation Fund, New Climate Ventures, Avesta Fund, Stepchange Ventures Mitsubishi Electric and 4impact capital.

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Lucend raises €2.7 million

The Amsterdam-based data center optimization startup Lucend wants to use the new funding to accelerate the scale-up of its Transparent AI platform in the US, where it helps companies reduce energy and water consumption in data centers and increase operational efficiency.