Burnt Island Ventures
Assembly Line
Generative AI startup TeamSolve raises seed round, backed by SGInnovate and Burnt Island
TeamSolve, a startup developing robust and operationally-deployable AI solutions for the industrial and utilities sectors, announced that it has completed a US$2.5m seed round anchored by SGInnovate and Burnt Island Ventures, a US-based early-stage venture fund for water entrepreneurs.
Founded in 2022, TeamSolve has developed a generative AI-powered Co-Pilot designed for industrial operators. The solution is a knowledge twin that provides an accurate, real-time view of asset health, making crucial information readily accessible to frontline workers for safer and more efficient problem-solving. Additionally, it supports managers by improving planning for asset renewals and crew dispatch.