Cosmo Tech

Cosmo Tech develops simulation digital twin software that uses AI-powered predictive and prescriptive analytics to simulate scenarios based on existing system data to assess the potential immediate and long-term impacts and facilitate smart decision-making in industrial settings.

The company offers two solutions using its digital twin platform: 1) Cosmo Tech Supply Chain to stimulate supply chain decisions and 2) Cosmo Tech Asset Management to facilitate strategic investment decisions for short-, medium-, and long-term operations. The Cosmo Tech Supply Chain platform provides specific solutions for strategic sourcing, production planning and control, and factory planning and scheduling.

The company operates a B2B business model, targeting users in industries including automotive, aerospace, manufacturing, and energy.

Key customers and partnerships

As of October 2023, the company’s customers included some of the largest companies in France, including electric transmission utility company RTE, Alstom, and Nexans.

In May 2022, the company partnered with SAS to develop a hybrid AI-powered digital twin solution that would connect demand planning and forecasting with production and inventory planning. The solution, which initially targeted manufacturing, consumer goods, and retail industries, was to analyze data captured from IoT devices like RFID tags, production lines, and vehicle telematics to manage manufacturing processes and supply chain disruptions. The application was also intended to be extended to many vertical industries from healthcare to financial services.

Funding and financials

The company raised an undisclosed amount via the first phase of a Series C funding round from Accenture Ventures and Sam George, former Corporate VP at Microsoft. The funding from Accenture Venture is part of its “Project Spotlight” program, which invests in emerging software companies.