CruxOCM Secures $17 Million Series A Funding to Enable Automation Tools in Energy Control Rooms

CruxOCM, a leader in co-pilot technology for control room operators, has closed a $17 million Series A funding round. The round was led by M12, Microsoft's Venture Fund, with participation from investors such as ONEOK and Raven Indigenous Capital Partners, among others. This brings CruxOCM's total capital raised to $27 million.

The funds will be used to advance innovation and provide greater value to the energy industry. Vicki Knott, CEO of CruxOCM, said this investment will help bring their co-pilot technology to more control rooms across the energy sector, enhancing safety and efficiency.

CruxOCM's co-pilot platform delivers real-time automation and data connectivity, aiming to improve revenue generation, productivity, and safety in the energy sector. Investors like M12 and ONEOK see this technology as crucial for enhancing the operations of energy infrastructure.

The Series A funding positions CruxOCM for accelerated growth, with a focus on deploying its technology across the midstream and broader energy sector. The involvement of key strategic investors highlights industry confidence in CruxOCM's mission.