Immensa Secures $20M in Series B Funding for Global Expansion and Technology Enhancement

Immensa, based in Dubai, secures $20 million in Series B funding, led by Global Ventures. Other contributors include Energy Capital Group, Shorooq Partners, Green Coast Investments, Endeavor Catalyst Fund, and EDGO. The funds will expedite global expansion, bolster the DIS RT software, and advance AI technologies.

Founded in 2016, Immensa collaborates with energy firms, offering on-demand spare parts access and digitalizing warehouses. The company's proprietary hardware systems and integrated AI tools in DIS RT enhance real-time information processing. Plans include market entry into Oman and continued growth in the UAE and Saudi Arabia.

Operational in Jordan, Kuwait, Bahrain, and Qatar, Immensa eyes expansion into North America in the next 12 to 18 months. The company's unique approach to spare parts supply and technology integration positions it for significant growth and impact in the energy sector.

Immensa's Series B funding signals confidence in its innovative solutions, emphasizing its commitment to revolutionizing supply chains and digitalizing energy infrastructure on a global scale.